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Recently, Czech Prime Minister André Babiš said that any spin-off of the Czech power company CEZ should be controlled by the state
.
Czech Prime Minister: The strategic assets of the power company CEZ must be controlled by the state
Last month, Babiš said a panel of experts would be appointed to evaluate a proposed
break-up.
Spinning off 70 percent of CEZ into a traditional power generation company with nuclear and coal-fired power plants, and a new company
with renewable energy and other assets.
Under the proposal discussed by the state, the distribution assets could be merged into "new energy" companies, and most of the shares would be given to investors
.
The government will take full control of "conventional energy" companies
focusing on nuclear energy and lignite-derived production.
According to the CTK news agency, Babiš said at the recent meeting of the Economic Chamber of Commerce: "We have a serious debate before us, and the interests of all parties are crucial
.
”
Splitting the CEZ is an option
to consider financing the construction of new nuclear power plants.
CEZ is the largest listed company in the Czech Republic with a current market capitalization of $13.
2 billion.
Ahead of the parliamentary election last October, Babiš outright opposed the CEZ breakup, saying the move could cost consumers
.
Then until December, he said selling and distributing assets was unacceptable
.
，
Recently, Czech Prime Minister André Babiš said that any spin-off of the Czech power company CEZ should be controlled by the state
.
Czech Prime Minister: The strategic assets of the power company CEZ must be controlled by the state
Czech Prime Minister: The strategic assets of the power company CEZ must be controlled by the stateLast month, Babiš said a panel of experts would be appointed to evaluate a proposed
break-up.
Spinning off 70 percent of CEZ into a traditional power generation company with nuclear and coal-fired power plants, and a new company
with renewable energy and other assets.
Under the proposal discussed by the state, the distribution assets could be merged into "new energy" companies, and most of the shares would be given to investors
.
The government will take full control of "conventional energy" companies
focusing on nuclear energy and lignite-derived production.
According to the CTK news agency, Babiš said at the recent meeting of the Economic Chamber of Commerce: "We have a serious debate before us, and the interests of all parties are crucial
.
”
Splitting the CEZ is an option
to consider financing the construction of new nuclear power plants.
CEZ is the largest listed company in the Czech Republic with a current market capitalization of $13.
2 billion.
Ahead of the parliamentary election last October, Babiš outright opposed the CEZ breakup, saying the move could cost consumers
.
Then until December, he said selling and distributing assets was unacceptable
.
，
