(IN BRIEF) The European Investment Bank has committed 9.3 billion Czech korunas (around €380 million) to support Czech transmission system operator ČEPS in refurbishing and expanding the country’s high-voltage electricity network. The financing, structured in two tranches, will cover up … Read the full press release →
Posted in Banks, Czech Republic, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged 400 kV network, CEPS, climate neutrality, Czech Republic, Czechia, EIB, EIB and ČEPS Launch Multi-Investment Programme to Upgrade 509 Kilometres of 400 kV Power Lines by 2030, electricity grid modernization, energy infrastructure, European Investment Bank, European Investment Bank Supports Major Upgrade of Czech High-Voltage Grid Through Financing to ČEPS, grid reinforcement, high voltage transmission lines, Marek Mora, Martin Durčák, multi investment programme, power system reliability, renewable integration, substations, transformers, transmission system operator
(IN BRIEF) State-owned electric power transmission operator ČEPS has finalized the sale of its subsidiary, RWE Gas Storage CZ, to RWE, a German energy company. The Czech Republic’s government approved the purchase, and the contract was signed recently. RWE Gas … Read the full press release →
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