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Billionaires clasp dirty fuel shunned by Germany

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Two Czech billionaires have come up with an unusual way to tap Angela Merkel’s shift toward clean energy: invest in some of Germany’s dirtiest coal-fired power plants and lignite mines. Petr Kellner, who built the Czech Republic’s biggest fortune on businesses ranging from mobile phones to Russian gold mines, will vie with lignite mining magnate Pavel Tykač for the assets being sold by Sweden’s Vattenfall in the German states of Brandenburg and Saxony.

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