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Vattenfall
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===Exit from German lignite coal=== [[File:Tagebau-Kraftwerk-Jaenschwalde.jpg|thumb|Open pit coal mine Jänschwalde and the [[Jänschwalde Power Station|Jänschwalde power plant]], Brandenburg, Germany (April 2010)]] Until 2016, Vattenfall owned several open pit [[coal mine]]s digging up [[lignite]] for Vattenfall lignite power stations, including the [[Jänschwalde Power Station]], the [[Boxberg Power Station]], the [[Lippendorf Power Station]] (owned in part) and the [[Schwarze Pumpe Power Station]]. In 2014, Vattenfall had a lignite turnover of €2.3 billion and a profit of €647 million, but later lost money on lignite as power prices decreased from 40 to 20 €/MWh.<ref>{{Cite web|url=http://www.nyteknik.se/nyheter/energi_miljo/energi/article3967784.ece|title=Två tjecker intresserade av Vattenfalls kol |trans-title=Two Czechs interested in Vattenfall's coal |work=www.nyteknik.se |date= |access-date=}}</ref> On 30{{nbsp}}September 2016, Vattenfall completed the sale of its German lignite facilities to the Czech energy group [[Energetický a průmyslový holding|EPH]] and its financial partner [[PPF (company)|PPF Investments]].<ref name="vattenfall-2016"><!-- web version: https://corporate.vattenfall.com/press-and-media/press-releases/2016/vattenfall-completes-german-lignite-business-sale/ --> {{cite press release|title=Vattenfall completes German lignite business sale|date=30 September 2016|publisher=Vattenfall|location=Stockholm, Sweden|url=https://corporate.vattenfall.com/globalassets/cision/documents/2016/20160930-vattenfall-completes-german-lignite-business-sale-en-0-2319706.pdf|quote=Vattenfall has completed the sale of its German lignite business to the Czech energy group EPH and its financial partner PPF Investments.|access-date=2016-10-06|author=<!-- staff writer, no by-line -->}}</ref><ref name="Guardian">{{cite news|title=Vattenfall exits German coal unit as it seeks sustainable energy|url=https://www.theguardian.com/environment/2016/apr/18/vattenfall-exits-german-coal-unit-as-it-seeks-sustainable-energy|work=[[The Guardian]]|agency=[[Agence France-Presse]] |date=18 April 2016}}</ref>
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