Germany To Compensate Energy Companies 2.4bn Euros For Nuclear Exit: Govt

Mohammad Ali (@ChaudhryMAli88) Published March 05, 2021 | 04:00 PM

Germany to compensate energy companies 2.4bn euros for nuclear exit: govt

Berlin, March 5 (UrduPoint / Pakistan Point News - 5th Mar, 2021 ) :Germany will pay energy companies a total of 2.4 billion Euros ($2.9 billion) in compensation for its policy of phasing out nuclear power completely by the end of 2022, Berlin said Friday.

"The government has reached an agreement with EnBW, E.ON/PreussenElektra, RWE and Vattenfall," Germany's environment, finance and economy ministries said in a joint statement.

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