EDF to sale its 50 percent stake in 870MW Sloe CCGT power plant in the Netherlands to EPH, the Czech power and infrastructure operator

EDF to sale its 50 percent stake in 870MW Sloe CCGT power plant in the Netherlands to EPH, the Czech power and infrastructure operator

(PRESS RELEASE) PARIS, 27-Sep-2022 — /EuropaWire/ — EDF (EPA: EDF), the world-leading nuclear operator, has announced the sale of its 50 percent stake in 870MW Sloe CCGT in the Netherlands to EPH, the Czech power and infrastructure operator. The gas-fired power plant is jointly owned and operated with Pzem, a Dutch energy company. This transaction is part of EDF’s EUR 3 billion asset disposal strategy and closing of the deal is subject to customary regulatory authorisations.

This transaction is part of EDF’s 3bn€ asset disposal program and closing is subject to customary regulatory authorisations.

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About EDF
As a major player in energy transition, the EDF Group is an integrated energy company active in all businesses: generation, transmission, distribution, energy trading, energy sales and energy services. EDF group is a world leader in low-carbon energy, having developed a diverse production mix based mainly on nuclear and renewable energy (including hydropower). It is also investing in new technologies to support energy transition. EDF’s raison d’être is to build a net zero energy future with electricity and innovative solutions and services, to help save the planet and drive well-being and economic development. The Group is involved in supplying energy and services to approximately 38.5 million customers (1), of whom 29.3 million in France (2). It generated consolidated sales of €84.5 billion in 2021. EDF is listed on the Paris Stock Exchange.

(1) Since 2018, customers are counted per delivery site. A customer can have two delivery points: one for electricity and another one for gas.
(2) Including ÉS (Électricité de Strasbourg) and SEI.

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SOURCE: EDF