{"id":26382,"date":"2020-09-07T08:12:39","date_gmt":"2020-09-07T07:12:39","guid":{"rendered":"https:\/\/eph23.atelierzidlicky.eu\/?post_type=press-releases&#038;p=26382"},"modified":"2020-09-07T08:12:39","modified_gmt":"2020-09-07T07:12:39","slug":"ep-infrastructure-sells-prazska-teplarenska-to-veolia-group","status":"publish","type":"press-releases","link":"https:\/\/eph23.atelierzidlicky.eu\/en\/press-releases\/ep-infrastructure-sells-prazska-teplarenska-to-veolia-group\/","title":{"rendered":"EP Infrastructure sells Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1 to Veolia group"},"content":{"rendered":"<p>EP Infrastructure, a.s. (EPIF) announces the&nbsp;sale of&nbsp;its&nbsp;100% share in&nbsp;Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1, a.s., its&nbsp;subsidiaries and&nbsp;PT&nbsp;Transit, a.s. (further as Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1 or PT) held through EP Energy (EPE). The&nbsp;transaction still needs to be approved by the&nbsp;Czech Office for the&nbsp;Protection of&nbsp;Competition.<\/p>\n<p>\u201e<em>The divestment decision about Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1 was triggered by Veolia\u00b4s serious strategic interest. In&nbsp;the&nbsp;context of&nbsp;our long-standing cooperation with Veolia, our partnership agreement on development of&nbsp;low-emission heat generation sources for it use as well as Veolia\u00b4s quality as a&nbsp;heating network operator, we finally agreed with the&nbsp;divestment. We are handing Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1 over to good hands of&nbsp;an investor who is going to operate the&nbsp;network responsibly and&nbsp;under conditions attractive to customers,<\/em>\u201d says <strong>Daniel K\u0159et\u00ednsk\u00fd<\/strong>, Chairman of&nbsp;the&nbsp;Board of&nbsp;Directors of&nbsp;EPIF.<\/p>\n<p>\u201e<em>This acquisition is fully coherent with the&nbsp;strategy of&nbsp;Veolia group for Central and&nbsp;Eastern Europe where Veolia has already concluded multiple long-term partnerships tailored to local needs. It is another successful step in&nbsp;the&nbsp;group\u00b4s strategic development in&nbsp;Prague enabling us to interconnect our activities in&nbsp;water management and&nbsp;energy,\u201d<\/em> said <strong>Philippe Guitard<\/strong>, Veolia\u00b4s Senior Executive Vice President for Central and&nbsp;Eastern Europe.<\/p>\n<p>Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1, a.s. operates the&nbsp;largest district heating network in&nbsp;the&nbsp;Czech Republic (550 km, 230,000 households). It supplies heat for the&nbsp;right-bank part of&nbsp;Prague; in&nbsp;2019, its&nbsp;operational profit reached approximately CZK 5 billion and&nbsp;the&nbsp;company employed 411 people.<\/p>\n<p>The sole shareholder in&nbsp;EPE is EPIF group, 69% of&nbsp;which is owned by Energetick\u00fd a&nbsp;pr\u016fmyslov\u00fd holding, a.s. (EPH) and&nbsp;31% by a&nbsp;consortium of&nbsp;global institutional investors managed by Macquarie Infrastructure and&nbsp;Real Assets (MIRA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EP Infrastructure, a.s. (EPIF) announces the&nbsp;sale of&nbsp;its&nbsp;100% share in&nbsp;Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1, a.s., its&nbsp;subsidiaries and&nbsp;PT&nbsp;Transit, a.s. (further as Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1 or PT) held through EP Energy (EPE). The&nbsp;transaction still needs to be approved by the&nbsp;Czech Office for the&nbsp;Protection of&nbsp;Competition. \u201eThe divestment decision about Pra\u017esk\u00e1 tepl\u00e1rensk\u00e1 was triggered by Veolia\u00b4s serious strategic interest. In&nbsp;the&nbsp;context of&nbsp;our long-standing cooperation with [&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":[90],"acf":[],"wpml_current_locale":"en_US","wpml_translations":[{"locale":"cs_CZ","id":26383,"post_title":"EP Infrastructure prod\u00e1v\u00e1 Pra\u017eskou tepl\u00e1renskou skupin\u011b Veolia","href":"https:\/\/eph23.atelierzidlicky.eu\/ep-infrastructure-prodava-prazskou-teplarenskou-skupine-veolia\/"}],"_links":{"self":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases\/26382"}],"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=26382"}],"wp:term":[{"taxonomy":"tax-year","embeddable":true,"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/tax-year?post=26382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}