Bloomberg News

CEZ Offers to Sell Coal-Power Plant to End EU Antitrust Probe

July 10, 2012

CEZ AS (CEZ), the Czech Republic’s largest power producer, offered to sell a coal-power plant to end a European Union antitrust probe over hindering rivals.

“CEZ offered to divest one of the following generation assets in the Czech Republic: Pocerady, Chvaletice, Detmarovice or Melnik III together with Tisova,” the European Commission said in an e-mailed statement.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net

To contact the editor responsible for this story: Christopher Scinta at cscinta@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus