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Burgo sells shares in Elettroburgo

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Published in issue 5/2004
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At the end of December the Italian paper group Cartiere Burgo s.p.a. sold all of its shares in Elettroburgo s.p.a. to the Ferrero-group-owned SIED s.p.a. Elettroburgo owns 12 hydroelectric plants in the regions of Piemont, Venetia and Friaul, their output totalling 50 MW and their output capacity 170,000 MWh. Proceeds ...

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