Vattenfall is divesting its coal-fired power plant in Denmark.
The Swedish company has sold its fossil assets in line with its “group strategy to focus on a more sustainable energy production”.
Danish heating firm, Aalborg Forsyning, has paid DKK 725 million (£65.25m) to take over and commission the Nordjylland power station which has capacity of 410MW.
Ingrid Bonde, Vattenfall’s Chief Financial Officer and Deputy Chief Executive Officer said: “With the divestment in Denmark, Vattenfall has completed an important step in its transition from fossil fuels into renewable energies.”
The company previously divested two other coal-fired plants in 2013 and 2014.