CEZ A.S. (2/2025) CEZ Group sells its stake in Veolia Energie CR

Podstawa prawna: Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe

CEZ Group sells its stake in Veolia Energie CR

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CEZ Group sells its stake in Veolia Energie CR

CEZ Group has concluded an agreement on the sale of its 15% stake in

Veolia Energie CR, a.s. --the Company-- with VEOLIA ENERGIE

INTERNATIONAL S.A., the Company's majority shareholder.

CEZ Group acquired this stake as part of a broader transaction where CEZ

primarily acquired the heating sector in the regional city of Usti nad

Labem, i.e. the Trmice heating plant, and approximately 20% of the share

in the company Tepelne hospodarstvi Usti nad Labem. The transformation

to low-emission heating in this area has already begun.

CEZ Group will use the proceeds

to renovate and decarbonize its wholly owned heating resources. The sale

is thus in line with CEZ Group's strategic efforts to decarbonize and

develop renewable resources, which CEZ Group has committed to in its

VISION 2030.

The settlement of the transaction is subject to assessment by the

Ministry of Industry and Trade of the Czech Republic and is expected in

April or May this year.

More information on page: http://biznes.pap.pl/en/reports/espi/all,0,0,0,1

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