PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

EPH to acquire gas and coal power plants in Italy

E.ON has decided to sell its gas and coal power plants in Italy to Energetický a Průmyslový Holding (EPH). The sources offer the total installed output of 4,500 MW. Out of this total, the capacity of six gas power plants amounts to 3,900 MW, the rest is generated by the Fiume Santo black coal power plant in Sardinia. EPH’s board of directors chairman and co-owner Daniel Křetinský has stated that the acquisition marks the continuation of the strategy based on expansion to advanced Western European markets without sufficient installed output reserves.

Source: www.cianews.cz

 
 
 
 
Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!

 

Exchange rates

Premium Companies