Press releases pg. 9

Environment and renewable resources
Foreign activities

Expanding strategic partnership: EIB provides further EUR 50 million to the Czech fund Inven Capital to support investments into climate-friendly start-ups

• The European Investment Bank (EIB) has committed another EUR 50 million to co-investments with the Czech Inven Capital fund, expanding their strategic partnership that started six years ago. • EIB’s co-investment aims to leverage Inven’s market access and expertise to deploy EIB funding in smaller innovative companies and support tech solutions that can contribute to a reduction in CO2 emissions. • The project will ease financial constraints for SMEs and Mid-Caps and contribute to EIB´s research, innovation, digital, climate action and environmental sustainability policy objectives. • The total assets value under management of Inven capital has now reached over EUR 500 million.

8. 2. 2023

Environment and renewable resources
Products and services
Economics and financial news

Czech Republic: EIB to finance modernisation of ČEZ's distribution grid and connection of new renewable energy sources with a record-breaking loan of €790 million

• The €790 million in financing by the EIB will help the Czech national utility company ČEZ upgrade and expand the country’s electricity distribution grid.

• The loan will promote the Czech Republic’s energy independence by enabling ČEZ to connect around 2.2 GW of new renewable energy sources.

• The financed investments will help provide a more reliable electricity supply for businesses and households across the Czech Republic.

• The operation is the biggest EIB loan for the Czech Republic signed to date.

12. 12. 2022

Environment and renewable resources
JE Temelin traffic
JE Dukovany traffic
Power plants

Czech Nuclear Power Plants Comply with International Environmental Protection Standards

The Temelin and Dukovany nuclear power plants in the Czech Republic meet the requirements of international environmental protection standards. Such is the main conclusion of a recertification audit conducted by the international company Det Norske Veritas. This prestigious ecological certificate for environmental management has been held by the Temelin power plant without interruption since 2004, and by the Dukovany plant since 2001.

12. 12. 2022

Environment and renewable resources
Nuclear power plants
Economics and financial news

Elektrárna Dukovany II, a. s., a ČEZ Group company, has received bids from three bidders for the construction of a new nuclear power source in Dukovany

Elektrárna Dukovany II, a. s. (EDU II), a wholly owned subsidiary of ČEZ, has received bids from three bidders for the construction of a new nuclear power source in Dukovany. US-Canadian Westinghouse, French EdF and Korean KHNP had until today to submit their bids. EDU II will now analyze the bids and then negotiate with the bidders. The bidders will then submit their final bids by the end of September next year.

30. 11. 2022