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Vattenfall loses rights to Berlin's power grid

After a 20-year period of holding the rights to Berlin's power distribution, Vattenfall is now obliged to give up the concession.

Berlin authorities have reallocated the city's power grid concession to the municipally-owned utility, Berlin Energie.

Swedish energy company Vattenfall has held the rights to the grid for more than 20 years through its German subsidiary Stromnetz Berlin.

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