Sev.en Energy takes over US Blackhawk Mining

Published: 04.06.2020 Related countries:  U.S.A. U.S.A.

Sev.en Energy takes over US Blackhawk Mining

Sev.en Energy has taken over US metallurgical coal producer Blackhawk Mining. The company’s annual production capacity is 7m to 8m tonnes in five underground and strip mines. It also owns three mining locations with an annual production of between 3m and 4m tonnes of coal for utility purposes. In 2019, Blackhawk Mining’s turnover exceeded USD 1bn and its EBITDA totalled USD 120m. Sev.en Energy owns strip mines and gas- and coal-fired power plants in the Czech Republic, the UK, and Australia. In 2019, the Group’s joint revenues totalled EUR 1.4bn and EBITDA amounted to EUR 319m.

Source: www.cianews

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