Pro média

EPH ESTABLISHES AN ENERGY SUB-GROUP, EP ENERGY

5.1.2011

ENERGETICKÝ A PRŮMYSLOVÝ HOLDING (EPH) has established, as its subsidiary company, a new energy sub-group called EP ENERGY, which will concentrate only energy assets.

The motivation for creating an independent energy sub-group, EP ENERGY, was to simplify and clarify the structure of EPH. "The purpose of taking this step is to separate, also formally, our primary strategic line, i.e., energy, from the other activities in industry. Being a classic energy company, EP ENERGY will also meet all the conditions for issuing attractive international bonds," said Daniel Křetínský, EPH Chairman.
The following companies are currently included in the EP ENERGY sub-group: UNITED ENERGY, PLZEŇSKÁ ENERGETIKA, UNITED ENERGY TRADING (UET), První energetická, a.s. (PEAS), ENERGZET, AISE, Czech Wind Holding, VTE Pchery, VTE Pastviny, Powersun, Triskata, Alternative Energy, Arisun, and Greeninvest Energy, and also an equity interest of 49% in Pražská teplárenská holding (PTH), which participates in control over Pražská teplárenská.
ELEKTRÁRNY OPATOVICE and a 50% interest in MIBRAG, a brown coal mining company, will also become a part of EP ENERGY. These two assets will be transferred to EPH in the nearest future, because at the end of last year both transactions obtained the required permission from anti-monopoly authorities (ÚOHS [Office for the Protection of Competition, Czech Republic] and PMÚ [Antimonopoly Office of the Slovak Republic], and also DG COMP, the European Commission's antitrust authority).

EP ENERGY
Asset	Description
UNITED ENERGY	An electricity and heat producer in northern Bohemia (the town of Most-Komořany). It operates a cogeneration plant with an installed capacity of 239 MWe (electricity) and 985 MWt (heat). It supplies heat to 35,000 households and several industrial companies, schools, hospitals and offices in the area of the towns of Most and Litvínov.
PLZEŇSKÁ ENERGETIKA	An electricity and heat producer with a 30% share of total heat supply in the city of Plzeň. Its installed capacity is 401 MWt (heat) and 90 MWe (electricity).
PTH /49%/	Pražská teplárenská holding (PTH); holds 47.33% of shares in Pražská teplárenská, a.s. With its equity interest of 48.67%, Elektrárny Opatovice is the largest shareholder of Pražská teplárenská.
ENERGZET	The operator of a local distribution system in the Zetor industrial premises in Brno-Líšeň. It is preparing a new peak-shaving 96 MWe generating plant.
UET	UNITED ENERGY TRADING (UET) is a supplier of electricity and natural gas for customers in the Czech Republic and Slovakia.
PEAS	První energetická, a.s. (PEAS) is a major electricity trader.
Czech Wind Holding	Preparation of wind parks at Moldava and Chomutov.
VTE Pchery /64%/	It operates a wind power plant with an installed capacity of 2 x 3 MWe at Pchery in the Kladno area.
Powersun	It operates solar power plants at Hustopeče (1.1 MWe) and Kyjov (2 MWe).
Triskata	It operates a 1 MWe photovoltaic plant at Strážske (Slovakia).
Arisun	It operates a 1 MWe photovoltaic plant at Strážske (Slovakia).
Alternative Energy /72%/	Development of a 3 MWe biogas station at Bošany (Slovakia).
Greeninvest Energy /40%/	It operates a 4 MWe solar plant at Břeclav.
AISE /51%/	A consultancy focusing on energy systems and audits.