{"id":23621,"date":"2019-04-23T13:22:52","date_gmt":"2019-04-23T12:22:52","guid":{"rendered":"https:\/\/eph23.atelierzidlicky.eu\/?post_type=press-releases&#038;p=23621"},"modified":"2019-05-02T12:38:07","modified_gmt":"2019-05-02T11:38:07","slug":"eph-to-buy-kilroot-and-ballylumford-power-stations-from-aes","status":"publish","type":"press-releases","link":"https:\/\/eph23.atelierzidlicky.eu\/en\/press-releases\/eph-to-buy-kilroot-and-ballylumford-power-stations-from-aes\/","title":{"rendered":"EPH to buy Kilroot and&nbsp;Ballylumford power stations from AES"},"content":{"rendered":"\n<p>The <strong>AES Corporation<\/strong> (\u201cAES\u201d) has agreed to sell its&nbsp;generation assets at Ballylumford and&nbsp;Kilroot, with a&nbsp;combined installed capacity of&nbsp;1.4GW, in&nbsp;Northern Ireland, to<strong> EP UK Investments<\/strong> Ltd (EP UKI).  The&nbsp;acquisition includes a&nbsp;combined cycle gas turbine (CCGT), a&nbsp;battery storage facility, open cycle turbines and&nbsp;a&nbsp;coal fired power station.  EP UKI will acquire AES\u2019 entire Northern Irish business including all assets, systems and&nbsp;key management and&nbsp;staff.  This represents the&nbsp;first acquisition by EPH into Northern Ireland&#8217;s&nbsp;energy market, which forms part of&nbsp;the&nbsp;all-island Irish market.<\/p>\n\n\n\n<p>EP UKI is 100% owned by EP Power Europe, a.s. (EPPE) and&nbsp;EPPE is a&nbsp;wholly owned subsidiary of&nbsp;Energetick\u00fd a&nbsp;pr\u016fmyslov\u00fd holding, a.s. (EPH).<\/p>\n\n\n\n<p><strong>Jan \u0160pringl<\/strong>, Vice-Chairman of&nbsp;the&nbsp;Board of&nbsp;Directors of&nbsp;EPPE, said \u201c<em>We are pleased to make this entry into Northern Ireland&#8217;s&nbsp;electricity market. We consider the&nbsp;acquisition of&nbsp;AES\u2019 portfolio as an important step in&nbsp;our strategy of&nbsp;increasing our generation capacity across Europe.  We believe these power stations are of&nbsp;strategic importance in&nbsp;Northern Ireland and&nbsp;we look forward to working with the&nbsp;site teams to be part of&nbsp;the&nbsp;next phase of&nbsp;the&nbsp;history of&nbsp;these assets. This potential acquisition perfectly fits to the&nbsp;strategy of&nbsp;EPH to further expand its&nbsp;presence in&nbsp;the&nbsp;European power generation sector. It is in&nbsp;line with our mission which is to provide a&nbsp;reliable and&nbsp;cost competitive power supply to European citizens and&nbsp;industry through our balanced and&nbsp;diversified generation fleet.<\/em>\u201d<\/p>\n\n\n\n<p>The transaction is subject to EU merger clearance and&nbsp;is expected to close during the&nbsp;summer of&nbsp;2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AES Corporation (\u201cAES\u201d) has agreed to sell its&nbsp;generation assets at Ballylumford and&nbsp;Kilroot, with a&nbsp;combined installed capacity of&nbsp;1.4GW, in&nbsp;Northern Ireland, to EP UK Investments Ltd (EP UKI). The&nbsp;acquisition includes a&nbsp;combined cycle gas turbine (CCGT), a&nbsp;battery storage facility, open cycle turbines and&nbsp;a&nbsp;coal fired power station. EP UKI will acquire AES\u2019 entire Northern Irish business including all [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"tax-year":[16],"acf":[],"wpml_current_locale":"en_US","wpml_translations":[{"locale":"cs_CZ","id":23620,"post_title":"EPH kupuje elektr\u00e1rny Kilroot a Ballylumford od AES","href":"https:\/\/eph23.atelierzidlicky.eu\/eph-kupuje-elektrarny-kilroot-a-ballylumford-od-aes\/"}],"_links":{"self":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases\/23621"}],"collection":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases"}],"about":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/types\/press-releases"}],"wp:attachment":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/media?parent=23621"}],"wp:term":[{"taxonomy":"tax-year","embeddable":true,"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/tax-year?post=23621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}