Energetický a Průmyslový Holding completed the acquisition of an additional 58% stake in Schkopau power plant from Uniper.

Energetický a Průmyslový Holding, a Czech Republic based company currently investing mainly in the energy sector in Europe, completed the acquisition of an additional 58% stake in Schkopau lignite-fired power plant from Uniper, an international energy company. Financial terms were not disclosed. "We are delighted that these negotiations have been successfully concluded. On the other hand, we will also part company with around 150 qualified employees and part of our history. We have been producing electricity in Schkopau for a good 25 years and maintain reliable partnerships with industrial customers and the local economy. We will continue to focus on our customers’ needs during this period. One thing is quite clear for us: Until the complete takeover of the site by our joint venture partner, we will continue to be a reliable and responsible employer for the highly qualified and committed team on site and will work hard to ensure their smooth transition," David Bryson, Uniper COO.