Dutch energy sector preparing for massive sell-off
Unlike France, the Netherlands is heading for a sell-off of its energy utilities. An attempted merger between the country’s two biggest energy companies Essent and Nuon foundered in September because the parties could not agree on the balance of power. Expectations are that major European players such as Eon, RWE and EDF will now attempt Dutch acquisitions. The Dutch parliament has approved legislation enabling the split-up of energy production and distribution activities.