Enron has sold its 60-member Nordic weather and power trading unit as part of the bankrupt company's efforts to liquidate assets, said Thor Lien, managing director of Enron Nordic Energy in Oslo. He declined to name the buyer, disclose the acquisition price or give further details except to say the sale will be announced shortly. Enron Nordic Energy was put on the block early last month as the parent company collapsed (DW, 12/3). Although Enron Europe was put into administration the Nordic trading unit it did not officially close down, although it is said to have seen scant deal flow because of parent-level developments.
Enron Unloads Nordic Energy Unit
