EP Energy Transition (EPETr) has reached an agreement with EnBW to acquire its 50% stake in the Lippendorf lignite power plant. The parties have agreed not to disclose financial details of the transaction. The transaction is set to become effective as of January 1, 2026, pending regulatory approvals.
Following the transaction, EPETr will own Block S, while Block R remains under the ownership of LEAG, EPETr’s subsidiary, which already operates both units. This move consolidates operational responsibility and ownership of the Lippendorf site within EPETr.
This acquisition facilitates the development of a comprehensive strategy for the Lippendorf power plant, aimed at enabling its decarbonization and transformation in alignment with the ESG objectives of EPETr, a group dedicated to accelerating the energy transition and green transformation in the utmost focused and efficient way.
Lippendorf power plant consists of two units (R and S), each with a net output of 875 MW.
