REKLAMA

CEZ, a.s.: ČEZ and Vršanská Uhelná have agreed to accelerate the sale of the Počerady Power Plant

2020-10-22 17:00
publikacja
2020-10-22 17:00
Spis treści:

1. RAPORT BIEŻĄCY

2. MESSAGE (ENGLISH VERSION)

3. INFORMACJE O PODMIOCIE

4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ


Spis załączników:
CEZ-035-2020_EN.pdf  (RAPORT BIEŻĄCY)

KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 35 / 2020
Data sporządzenia: 2020-10-22
Skrócona nazwa emitenta
CEZ, a.s.
Temat
ČEZ and Vršanská Uhelná have agreed to accelerate the sale of the Počerady Power Plant
Podstawa prawna
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe
Treść raportu:
ČEZ and Vršanská Uhelná from the Sev.en Energy Group agreed on the transfer of the Počerady Power Plant at the end of this year, three years earlier than planned.
Załączniki
Plik Opis
CEZ-035-2020_EN.pdfCEZ-035-2020_EN.pdf ČEZ and Vršanská Uhelná have agreed to accelerate the sale of the Počerady Power Plant

MESSAGE (ENGLISH VERSION)






ČEZ Energy Group and Vršanská Uhelná from the Sev.en Energy Group have
agreed that the Počerady Power Plant burning brown coal will be
transferred to Vršanská Uhelná at a higher purchase price at the end of
this year, as of December 31, 2020. The transfer of the power plant was
already agreed in a contract from 2013, and was to take place on January
2, 2024. ČEZ is thus further fulfilling its strategy of gradually moving
away from coal-fired power plants and switching to low-emission or
completely emission-free sources.


ČEZ and Vršanská Uhelná have agreed to accelerate the sale of the
Počerady Power Plant with regard to the new emission standards of the
European Union valid from mid-2021, which require significant
investments on the part of operators. Počerady is now the oldest
coal-fired power plant at ČEZ, when the first unit was put into
operation half a century ago and the power plant has not undergone major
modernization in recent years. ČEZ is also responding to the further
tightening of CO2 reduction targets announced by the European Commission
in the first half of this year. The original agreed price of 2 billion
Czech Crowns for the transfer in 2024 was increased to the current 2.5
billion Czech Crowns.


Simultaneously with the transfer, the existing purchase contract for the
purchase of coal from Vršanská Uhelná in the amount of 5 million t /
year will be terminated. The agreement also includes ČEZ's approach to
the complete production of the Počerady Power Plant in the years
2021-2023. The power plant will supply 5 TWh per year for a fixed price,
and ČEZ will sell this electricity on the market.


ČEZ retains a modern 880 MW steam-gas unit in the Počerady locality, a
gas connection, a feeder supplying the locality with water from the Ohře
River and other land, and counts on further operation and development of
this locality.


History:


According to the 2013 contract, which ended many years of disputes over
coal supplies from Vršanská Uhelná, the Počerady Power Plant would be
sold on January 2, 2024. By the end of 2019, ČEZ had the last chance to
cancel the sale. With regard to the steps taken by the European
Commission to limit the increasing use of coal in connection with the
transition to a zero-emission economy, ČEZ did not exercise this option.
ČEZ was to receive a fixed amount of 2 billion Czech Crowns for
transferring the power plant over to Sev.en (formerly Czech Coal). In
connection with the earlier transfer, this amount has now increased to
2.5 billion Czech Crowns.


INFORMACJE O PODMIOCIE    >>>

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Data Imię i Nazwisko Stanowisko/Funkcja Podpis
Źródło:GPW - komunikaty spółek (ESPI)
Tematy
Wybierz konto firmowe, które zarabia na Ciebie i zyskaj premię do 1250 zł.

Wybierz konto firmowe, które zarabia na Ciebie i zyskaj premię do 1250 zł.

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