Nordic Business Report-December 22, 2006-Hafslund ASA sells its stake in Gota Energi Holding AB (C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian electricity and security group Hafslund ASA said on Friday (22 December) that it has entered an agreement with Oresundkraft Marknad AB to sell Hafslunds 50% ownership share in Gota Energi Holding AB. Gota Energi Holding AB owns 100% in the company Gota Energi AB, an electricity end user company with about 48,000 customers in Sweden. The agreement includes the sale of shares and repayment of Hafslunds loan to Gota Energi. The transaction involves a total cash transfer to Hafslund of SEK70.3m. With the acquisition Oresundkraft will own 100% of Gota Energi Holding AB. Hafslund, headquartered in Oslo, Norway, is one of the largest listed electricity utilities in the Nordic region and is a major player within security services and contracting. Hafslunds shares are listed on the Oslo Stock Exchange under the tickers HNA and HNB. One British pound (GBP) is worth approximately 13.49 Swedish kronor (SEK). ((Comments on this story may be sent to [email protected]))