EPH announces acquisition of Mehrum Power Plant
19. 9. 2017
Energetický a průmyslový holding (EPH) and Enercity (Stadtwerke Hannover AG) together with BS Energy have agreed on the sale of the shares in Kraftwerk Mehrum GmbH. The contract was signed on Saturday, 16 September 2017.
EPH, through its subsidiary company EP Power Europe, will acquire the shares of company and will take over the control of the power plant in the next few weeks.
Mehrum Power Plant is a coal-fired power plant in Germany. It lies at the central land channel in Mehrum, approx. 20 kilometers to the East from Hannover. It has an installed capacity of 750 megawatts. The power station has about 120 employees.
The transaction is subject to German merger clearance and is expected to close by the end of October.
EPH generates over 100 TWh of power annually, which places it as the 7th largest power producer in Europe.