EPH sells two heat suppliers from Budapest and Prague to Veolia

Czech company EP Infrastructure, part of EPH group, sold its approximately 95.62% share in Budapesti Erőmű Zrt. (BERT) and its 100% share in Pražská teplárenská to Veolia.

BERT is the largest heat producer in Budapest. The company, owning three gas cogeneration sources (with an output of 1,402 MWt / 396 MWe), is covering 56% of the heat consumption of FÖTÁV Zrt., a municipal district heating network operator owned by the city of Budapest.

Pražská teplárenská, a.s. operates the largest district heating network in the Czech Republic (550 km, 230,000 households).

It supplies heat for the right-bank part of Prague and in 2019, its operational profit reached approximately CZK 5 billion and the company employed 411 people.

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