News

9
September 2019

CEZ launched market sounding to divest its assets in Romania

Today, CEZ officially launched the divestment process in Romania. The interest confirmed in writing by the potential investors will be followed by an invitation to submit non-binding offer. CEZ is considering selling seven companies in Romania, keeping only those engaged in energy services (ESCO) activities and part of trading. These steps are in line with CEZ Group's new strategy.

9
September 2019

INVEN CAPITAL invests in German company Zolar, a leader in digital solutions for rooftop photovoltaic systems.

INVEN CAPITAL, the CEZ Group’s investment fund that seeks out promising projects on the European energy start-up market, has acquired a minority share in German innovation company Zolar. This company provides digital solutions for rooftop photovoltaic installations and combined photovoltaic and battery systems. In addition to Inven Capital, BayWa r.e. Energy Ventures participated in this round of investment with a total volume of EUR 10 million. The existing investors Heartcore Ventures, Statkraft Ventures and Partech Ventures likewise increased their shares.

10
July 2019

Unipetrol and ČEZ have further expanded the offer of the Benzina network with electricity. Benzina now offers fifteen fast-charging stations at twelve locations – newly in Břeclav, Domažlice, Hlinsko and Siřejovice.

Unipetrol continues expanding the number of locations within Benzina’s network of filling stations where drivers are offered not only conventional fuels but also electric energy from fast charging stations. The filling stations with the newly installed fast-charging stations from ČEZ can be found in Břeclav near the D2 motorway, Siřejovice on the D8 motorway, Domažlice and Hlinsko. At twelve Benzina locations all over the Czech Republic, a total of fifteen fast-charging points from ČEZ are in operation now.

27
June 2019

INVEN CAPITAL expands to industry 4.0, investing in a progressive Czech start-up who is a leader in acoustic diagnostics of machines.

INVEN CAPITAL, a ČEZ Group investment fund that seeks investment in promising European smart energy startups has acquired a minority interest in Neuron Soundware, the Czech based market leader in industrial machine diagnostics based on acoustic analysis. The company develops and markets advanced hardware and software for predictive maintenance, enabling timely detection of failures and optimisation of operations. In its four years in business, INVEN CAPITAL has made ten investments in five countries, one of which it has subsequently successfully exited.

15
January 2019

ČEZ Group is expanding its operations in France to over 215 MW of installed capacity. It is launching the development of another eight projects.

ČEZ Group has acquired onshore wind power projects in France with a potential overall installed capacity of up to 116 MW. CEZ France SAS has acquired power plants in advanced stages of development from ABO Wind, a respected developer for renewable energies. ABO Wind has secured a guaranteed feed-in remuneration over a period of 15 years. At present, ČEZ is preparing the construction of wind power plants in France with a total installed power of over 215 MW. The first turbines should begin delivering environmentally-friendly electricity to the grid this year.

14
January 2019

INVEN CAPITAL announces its first investment in Israel. The Driivz platform is set to accelerate electromobility development.

INVEN CAPITAL, CEZ Group’s investment fund that seeks opportunities in the new energy sector, is entering the Israeli start-up market. The Driivz platform, which is used by 300,000 drivers worldwide, offers an end-to-end electric vehicle (EV) charging infrastructure management solution. It is the fund’s eighth overall investment into the ‘new energy’ sector.

8
November 2018

ČEZ Group Earned CZK 9 Billion for the First Three Quarters and Increased its Forecast of Net Income less Extraordinary Items to CZK 13–14 Billion

CEZ Group’s Operating Revenues for the first three quarters of 2018 reached CZK 129.3 billion, with EBITDA reaching CZK 38.7 billion and Net Income at CZK 9.1 billion. Net Income less extraordinary items that generally do not pertain to the ordinary business of the financial year reached CZK 11.3 billion. The year-on-year change of the income generated for the first three quarters was significantly influenced by nearly CZK 7 billion in one-off revenues in 2017, due in particular to the sale of MOL’s shares. In terms of its expected results for the whole year, CEZ Group has specified its expected EBITDA at CZK 50-51 billion and has increased its outlook for Net Income less extraordinary items to CZK 13-14 billion.

5
November 2018

INVEN CAPITAL is the biggest investor in tado°, the leader in smart thermostats, alongside such global giants as Amazon and Siemens.

INVEN CAPITAL, CEZ Group’s investment fund investing in promising technology companies in the “new energy” sector, became the biggest shareholder in tado°, the Germany-based leader in the European smart thermostat market. It did so in another round of capital increase with a total volume of EUR 43 million, with participants including “big shots” such as Amazon and Total Energy Ventures. This is INVEN CAPITAL’s third investment made under a joint project with the European Investment Bank (EIB).

11
September 2018

INVEN CAPITAL and the European Investment Bank are making their first joint investment. Their joint fund is acquiring a stake in a company specializing in the optimization of critical infrastructure management.

INVEN CAPITAL, CEZ Group’s investment fund seeking opportunities in the “new energy” sector, has acquired a stake in the French company Cosmo Tech. This is the first new investment made under a joint project with the European Investment Bank (EIB). Together, it is the fund’s seventh investment in the new energy sector.