EPH Has Successfully Completed the Acquisition in Northern Ireland

Source Press Release
Company Energeticky a Prumyslovy HoldingThe AES Corporation 
Tags Asset Deals, Deals, Renewable Energy, Power
Date June 12, 2019

EP UK Investments Ltd (EP UKI) finalized today the purchase of assets in Northern Ireland – two operational thermal power plants and one operational energy storage facility – from The AES Corporation (AES).

The acquisition of the assets was announced in April this year and was subject to regulatory approval by the European Commission.

According to the terms of the deal, AES transferred to EP UKI its interest in the 708 MW Ballylumford gas-fired power plant and in the 701 MW Kilroot coal- and oil-fired power plant, as well as the 10 MW Kilroot Energy Storage facility.

EP UKI is 100% owned by EP Power Europe, a.s. (EPPE) and EPPE is a wholly owned subsidiary of Energetický a průmyslový holding, a.s. (EPH).

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd