EP Heat & Power a.s. (EP H&P) announces the purchase of its 100% stake in Elektrárny Opatovice, a.s., United Energy, a.s., and certain other assets held through EP Energy, a.s. from EP Infrastructure, a.s. (EPIF). The effective date for this transfer is 31 March 2025.
EP H&P is dedicated to transforming traditional lignite energy businesses into energy solutions with lower carbon footprint that support the broader energy transition. As part of this commitment, EP H&P will continue decarbonization efforts initiated by EPIF. EP H&P aims to phase out lignite by 2030 through the construction of a balanced mix of Combined Cycle Gas Turbines (CCGTs) and waste-to-energy plants, complemented by existing biomass units.