Saale Energie GmbH is new owner of Schkopau power plant

1. 10. 2021

EPH subsidiary takes over remaining shares from Uniper

On 1 October 2021, Saale Energie GmbH became the sole owner of the Schkopau power plant located near Halle (Germany). Saale Energie is a subsidiary of EP Power Europe, which is part of Energetický a průmyslový holding, a.s. (EPH). Saale Energie had owned an almost 42 percent share in the power plant since 2012 and now took over the remaining shares. The agreement on the acquisition of the Uniper shares was signed in February 2020 and now settles.

With its net output of 900 Megawatt, the Schkopau lignite fired power plant represents a fundamental part of the central German energy supply and primarily acts as an industrial power plant supplying specialized railway power to Deutsche Bahn and process steam for an adjacent chemical park.  As such, by this acquisition EPH further expands its activities in supplies to industrial customers. To accommodate the industrial customers’ needs and continue deliveries once the existing lignite power plant is decommissioned, EPH will seek for a climate friendly asset based solution. The Schkopau power plant provides attractive jobs for approx. 150 highly skilled workers.

This acquisition constitutes a stable link between lignite production (MIBRAG / EPH) and power generation (Saale Energie GmbH / EPH), ensuring reliable supply for energy intensive industries in central Germany.