Thursday , October 6 2022

Křetínský wants to buy two coal minerals in France, writing Le Monde Energy


Paris / Prague The Holding Energetic and Industrial (EPH) group of Czech investor Daniel Křetínský has an interest in buying two of the last coal power plants in France. Referring to its sources, it was written by Le Monde every day French on Thursday. Officially, however, no group has been confirmed. Recently, Křetínský bought an interest in Le Monde.

"We do not comment on the speculation about our alleged procurement intentions," said EPH spokesman Daniel Castave on Thursday.

According to Le Monde, Křetínský wants to acquire the German assets of the German Uniper group, which operates a coal power station mainly in Gardanne in the north and second in Saint-Avold in the east. There are also two gas power stations at Saint-Avold, which are said daily.

"Czech billionaire Daniel Křetínský explains his interest in investing in Le Monde specifically by promoting support for the press. According to him, he did not have to be a victory for making investments in the energy sector in France, but that does not prevent EPH, the presiding group, in search of opportunities on the French market, "writes the letter.

He referred to earlier speculation that Křetínský's interest in the paper was really an attempt to penetrate the French market and look for the state share of Engie's energy company. However, Křetínský himself has recently refused in an interview with the French daily Les Echos.

Uniter in France, according to Le Monde, also owns several solar and wind energy plants and one electricity supplier for small and medium sized enterprises.

"But EPH is not the only bidder, interest has highlighted a number of investment funds and the battle is not over again," he says.

He also reminded that Uniper and other coal power stations in the country will have to close down until 2022, as President Emmanuel Macron has committed during the election campaign, and in October the closing plan was also confirmed by the Minister over the Environment "It's likely that this policy decision and uncertainty about compensation will reduce asset prices," said Le Monde.

According to him, the new owner will have the power to close or transform the power plants. For example, Gardanne's power plants have invested in biomass over the past few years, and the plant in Saint-Avolde has been converting to gas.

The most massive, Engie and EDF are mainly in the energy sector in France. Křetínský said that he does not see a great opportunity for a group in France and who does not intend to participate in the privatization of part of Engie, which is due to happen in the coming months, or go to GRTGaz in the capital, Le Monde said.

"But that does not stop it thinking about the future. According to our information, Daniel Křetínský met Patrick Pouyanne, General Manager of Total, who talked about the future of Engie in the case of group sharing," wrote Le Monde. This scenario, however, remains a fiction. "Pouyanne, absolutely honest, has denied the possibility of taking part in any such operation," the diary came to an end.

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