Research (Česká spořitelna)
Czech markets  |  September 27, 2012 10:05:55

The EU will probably agree with the sale of just one plant, CEZ

An unnamed source said that the EU would probably agree with the sale of just one plant, CEZ in the investigation of an alleged obstruction of access to the market competition. Last week, it was speculated that it might require more. According to LN is now most likely sell Dětmarovice power by which they are interested Dalkia, EPH and BXR (mother NWR). Bids for Počerady and Chvaletice were allegedly CZK 15 billion is too low (LN, FleetSheet).

If the EU would require the sale of only one plant, it would be against the reports from last week slightly positive. Detmarovice sale would be rid of ČEZ investigation with little impact on the income statement.On the other hand, this would mean the continuation of a dispute with Czech Coal supplies of brown coal to Počerady.

Petr Bartek

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