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CEZ Group Media Press releases ČEZ sent Statement of Interest for Vattenfall’s German assets

13. 10. 2015

Foreign activities

ČEZ sent Statement of Interest for Vattenfall’s German assets

ČEZ today sent a Statement of Interest to acquire Vattenfall’s German lignite and hydro activities. Offered assets represent an interesting opportunity to expand business of CEZ with a number of synergies. On the contrary CEZ is ready to be a reliable partner for the region with extensive know-how in operation of conventional power plants and of lignite mining.

The assets on sale fully fit into ČEZ’s strategy focusing on renewables, decentralized energy, comprehensive energy services and products, as well as investments in conventional facilities, using its ample experience gathered over dozens of years in the Czech Republic and elsewhere in the world to operate them as efficiently as possible.

Therefore, ČEZ expressed its interest in all the assets on sale, including hydropower plants.

 

The sale includes:

  • POWER PLANTS: Boxberg, Jänschwalde, Schwarze Pumpe, and Lippendorf Unit R
  • MINES: Jänschwalde, Nochten, Reichwalde, Welzow-Süd, and Cottbus Nord
  • 10 HYDRO PLANTS, which cannot be sold separately, without the lignite assets.

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