Press releases

Press releases extract filtering:
14
February 2018

Inven Capital is changing its legal form to meet the EIB’s condition for EUR 100 million co-investment

Inven Capital, the investment fund of the CEZ Group, has changed its legal form from a closed-end investment fund to a variable-capital joint-stock company (SICAV). With this step, the company fulfills the condition of the European Investment Bank for creation of a joint investment initiative to support the growth of small and medium-sized enterprises in the clean energy and smart technologies sectors. The agreement on co-financing was signed by both parties in mid-December in Prague. The joint investments shall amount to EUR 100 million.

30
January 2018

CEZ’s Wind Power Plants in Germany Generated Power for 90,000 Households Last Year

Prague, 30. January 2018 – CEZ Group wind farms operated in Germany generated nearly 270 million kWh of power in 2017. The Group owns 53 wind turbines in Germany, with their installed capacity totaling some 135 MW.

15
December 2017

Investment Plan for Europe: EUR 50m for ČEZ’s Inven Capital to support growth of innovative smart energy and clean-tech companies

The European Investment Bank (EIB) is providing EUR 50m to the Czech Republic Inven Capital Fund to develop a co-investment initiative to support the growth of clean energy and smart technology SMEs and midcaps. Czech energy utility ČEZ is contributing the same amount to this initiative so that the total financing available for joint co-investments to clean-tech and smart energy businesses is EUR 100m. The transaction is backed by the guarantee of the European Fund for Strategic Investments (EFSI), which is the central pillar of the Investment Plan for Europe.

24
November 2017

The ČEZ Electromobility project will expand the fast-charging network by 63 stations funded from another European grant

Prague, November 24, 2017 – Fast recharging of electric vehicles on the roads across Czech Republic and to neighboring countries is becoming ever more accessible. ČEZ Electromobility, the operator of the most extensive domestic network of public charging stations for electric vehicles, has succeeded in the European grant procedure for the construction of another 63 fast-charging stations. The construction will again be funded by the Connecting Europe Facility (CEF), through which the European Commission supports the process of interconnecting Europe by installing charging points along the TEN-T core road network. At the same time, ČEZ builds charging stations from its own resources as well.

7
November 2017

CEZ Group’s Net Income in Q1–Q3 Is Almost CZK 17 Billion

CEZ Group’s net income increased by 13% year-on-year to CZK 16.6 billion, primarily due to sale of MOL stock. EBITDA decreased by 6% year-on-year to CZK 41.1 billion, primarily due to decreased realization prices of generated electricity and increased expenses on emission allowances. By contrast, there was a positive year-on-year effect of increased generation at nuclear and wind power plants. CEZ Group confirms its outlook for annual adjusted net income at a level of CZK 19 billion.

31
October 2017

ČEZ sells its Bulgarian hard coal-fired thermal power plant Varna

CEZ has agreed on the terms of sale of its Bulgarian hard coal-fired thermal power plant Varna.

3
October 2017

ČEZ Continues to Build Public Fast-Charging Stations for Electric Cars. A Part of the Network Built is Financed by a European Grant.

Prague, 3 October 2017 – It is than ever easier to quickly recharge your electric car while travelling across the Czech Republic or abroad. CEZ Group’s Electromobility Project, which operates the largest national network of public charging stations, has yesterday launched three ABB fast-charging stations at a charging point in Vestec at Prague’s highway ring. The company has also presented its vision of how the charging infrastructure development should continue. The infrastructure construction is co-financed by a European grant from the Connecting Europe Facility (CEF).

30
August 2017

CEZ invests into shared green mobility leader through INVEN CAPITAL

INVEN CAPITAL has become a shareholder in the French company VULOG, the global leader in providing technology for shared mobility involving green cars in cities. VULOG’s customers operate on four continents where they represent one of the major pillars in the smart city concept.

7
July 2017

CEZ Group enters German ESCO market by acquiring Elevion from DPE Deutsche Private Equity

Elevion is a leading integrated provider of multi-technical building services and a well-established trademark on the German ESCO market. The company represents a strong platform for providing energy services to industrial corporations, cities and municipalities as well as the building sector. Elevion’s revenues have been increasing by more than 30 percent on average annually over the past five years. Among their important customers are blue chip companies across a broad range of industries including aerospace, automotive, food, healthcare, industrial, and technology.

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