Czech investor buys 80% stake in Irish power plant

Tynagh Energy Limited owns a 400MW combined cycle gas turbine power plant in east County Galway

German utility RWE buys innogy’s Czech gas business

It is part of a larger asset swap, which involves breaking up innogy and dividing its assets between parent company RWE and E.ON

EU clears Centrica’s gas plants sale for £318m

The European Commission has approved the buyout of Centrica’s combined cycle gas turbine (CCGT) power stations by a UK arm of a Czech utility company. The Langage and South Humber Bank CCGT plants, with a combined capacity of 2.3GW, are located near Plymoouth and Stallingborough. The sale is part of Centrica’s strategy to invest more in […]

E.ON sells Bulgaria assets

German energy company E.ON has agreed to sell E.ON Bulgaria to Energy-Pro, a Czech energy company, for 113 million euros. The new owner based in North-East Bulgaria supplies a network of about 42,000 kilometres and delivers around 5.3 billion kWhr of electricity. The sale is part of E.ON’s intention to shed assets worth 15 billion […]