CEZ may be interested in buying some assets from Vattenfall AB in Germany, according to the chief of CEZ Daniel Benes. CEZ might be also interested in opportunities in Poland and especially in Slovakia, where the national utility Slovenske Elektrarne AS is owned by Enel SpA. The company recently called off the $15 billion tender for two new reactors at its Temelin plant after the Czech government refused to provide any guarantees to ensure the project’s profitability. However, CEZ claims it has only taken a “time-out” and the decision doesn´t mean the end of nuclear energy in the Czech Republic. Further, Czech government plans decide on the future of the country’s nuclear sector by the end of this year. CEZ believes that the cancellation of the Temelin tender will attract more investors. CEZ shares already rose 0.3 per cent today, extending its 2014 gains to 15 per cent and valuing the company at $16 billion.
For more, click here.
21st March 2019