Berliner Wasserbetriebe faces 19% tariff cut
- From: Vol 12, Issue 12 (December 2011)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: (RWE) Rhein Ruhr Partners , Berliner Wasserbetriebe and Berlinwasser
The federal cartel office has mandated a steep tariff cut in the German capital. It has clear implications for the value of the private partners’ stakes in the operating company.
RWE’s planned divestment of its 24.95% stake in Germany’s largest water company Berliner Wasserbetriebe (BWB) has encountered an added complication after the federal cartel office (FCO) charged the company with imposing excessively high water prices.
Concluding an investigation that began in March 2010, the FCO is now demanding a 19% cut in net drinking water tariffs, or ...
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