Cleanergy Ab history

1905: Tröllhatte Kanal-och-vattenwerk (Trollhattan Canal and Waterworks Administration) is created.

These were expanded with the purchase by the Swedish government of additional waterfalls along the Göta river, including the Vargön, Ström, and Lilla Edet Falls, in 1908.

Inaugurated in 1915, the Porjus plant fed the fast-growing industrial development of Sweden's northern region, and particularly the Kiruna and Gällivare iron mines.

The alliance, which created a common pool of electrical power, was launched in 1965, marking Vattenfall's first sales of electricity beyond Sweden.

In 1992, the company began taking its first steps beyond its core Swedish base, with an entry into the Polish energy market.

1995: The company begins supplying power to Finland after that market's deregulation, and acquires two regional Finnish power companies.

The company prepared to begin direct sales of electricity to those countries upon their deregulation, which occurred in 1996.

In 1998, the company launched a joint venture with Denmark's NESA, forming the company Stroem AS. Vattenfall also launched a $625 million acquisition offer for Stockholm Energi, the third largest electricity supplier in Sweden.

Yet Vattenfall's major expansion focus remained in Germany, and in nearby markets, such as The Netherlands, where Vattenfall had established a presence in 1999.

Poland became the company's next target, with the purchase of a 55 percent stake in that country's Elektrocieplownie Warszawkskie in January 2000.

2003: With more than 60 percent of sales coming from beyond the Nordic Region, Vattenfall becomes one of the top five European energy groups.