Vattenfallannounced in its press release of June 7 that the decision will have asubstantial financial effect. As a consequence of the decision the nuclearpower plants Brunsbüttel and Krümmel, which Vattenfall has managerialresponsibility for and owns 66.7
Nuclear decision could cost Vattenfall EUR 1.1bn
Assuming an approval by the German parliament of the German government decision to shut down the country’s nuclear power plants, Vattenfall’s operating profit for the second quarter 2011 will be negatively impacted by about EUR 1.1bn (SEK 10 billion), the company warns.
