Alpiq sells two Czech coal-fired power plants to Sev.en Energy

20/05/2019 09:19 Coal

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Swiss company Alpiq has agreed to sell its two coal-fired power plants in the Czech Republic to Sev.en Energy Group for nearly $307.15m (€280m).

The divestiture of the two plants, Kladno and Zlín, is expected to further strengthen Alpiq’s business model.

 

With an electrical output of 516MW, Kladno coal-fired power plant was commissioned in 2000 and the plant has been wholly-owned by the Alpiq Group since 2002.

 

Zlín thermal power plant has an electrical capacity of 64MW and a thermal capacity of 376MW. It generates and delivers electrical energy, process heating and district heating. The coal-fired power plant was acquired by Alpiq in 2005.

 

Completion of the deal is subject to regular closing conditions and approval of the Czech competition authorities.

Source: power-technology.com

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