German electricity companies PreussenElektra and RWE Energie today announced they won a contract to supply Holtzmann Papier & Cie. in Karlsruhe, a large German paper producer.

As of May 1st 1999, the two power companies enter into a long term co operation with Holtzmann, supplying over 660 GWh annually, according to a press release from RWE Energie.

Holtzmann