Press releases pg. 67

Foreign activities

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.

14. 2. 2018

Foreign activities

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.

30. 1. 2018

Economics and financial news

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.

15. 12. 2017

Elektromobility

ČEZ is working on increasing the density of the network of public charging stations for electric vehicles – chargers in Olomouc will make travelling across the country easier

Prague, 11 December 2017 – the fast charging while travelling across the Czech Republic and abroad is not an obstacle any more. The Electromobility of the ČEZ Group, the operator of the largest domestic network of public charging stations, has built two new fast charging ABB stations in the Nemilany area by the Olomouc motorway ring road. This infrastructure is being built also thanks to the European grant from the Connecting Europe Facility (CEF) program.

11. 12. 2017