CEZ Group

Prague, 3 October 2017 – It is than ever easier to quickly recharge your electric car while travelling across the Czech Republic or abroad. CEZ Group’s Electromobility Project, which operates the largest national network of public charging stations, has yesterday launched three ABB fast-charging stations at a charging point in Vestec at Prague’s highway ring. The company has also presented its vision of how the charging infrastructure development should continue. The infrastructure construction is co-financed by a European grant from the Connecting Europe Facility (CEF).

INVEN CAPITAL has become a shareholder in the French company VULOG, the global leader in providing technology for shared mobility involving green cars in cities. VULOG’s customers operate on four continents where they represent one of the major pillars in the smart city concept.

The bids are being evaluated.

Elevion is a leading integrated provider of multi-technical building services and a well-established trademark on the German ESCO market. The company represents a strong platform for providing energy services to industrial corporations, cities and municipalities as well as the building sector. Elevion’s revenues have been increasing by more than 30 percent on average annually over the past five years. Among their important customers are blue chip companies across a broad range of industries including aerospace, automotive, food, healthcare, industrial, and technology.

CEZ Group has taken over the operational onshore wind farm Lettweiler Höhe in Germany, with a total installed capacity of 35.4 MW. All of the turbines, located near Rehborn in a single location in the German state of Rhineland-Palatinate, are in operation. The contract with the seller, the well-reputed KGAL Asset and Investment Manager, foresees support in the form of a guaranteed feed-in tariff over 20 years.

By acquiring 9 wind farms, CEZ Group has entered the French renewable energy market. The projects were acquired from ABO Wind, a reputed German developer of renewable sources. Located in six regions across France, the onshore wind farms are in an advanced stage of development. During the next 5 years, up to 100 MW of installed capacity can be built. All wind farms have operational support in the form of a feed-in tariff guaranteed for 15 years.

Following the assessment of investor interest in Bulgarian assets of CEZ, a. s., CEZ Group decided to enter into negotiations with several chosen entities that placed the best offers.

INVEN CAPITAL has become a shareholder in the Dresden-based company Cloud&Heat Technologies, which provides a unique solution that uses server heat for hot water and heating purposes in commercial buildings. This solution reduces data center operating cost by 50% relative to a conventional solution.

Further to the announcement on 29th March 2017, CEZ MH B.V., a wholly owned subsidiary of ČEZ, a. s., has announced that it has conditionally sold 7,651,168 shares in MOL Hungarian Oil and Gas Plc (“MOL”) (ISIN: HU0000068952) equal to approximately 7.5% of the share capital of MOL (the “Equity Placing”). The final placing price determined via a bookbuilding process was HUF 18,700 per MOL share, with preliminary proceeds of approximately HUF 143.1 billion.

ČEZ Group reports 2016 net income of CZK 14.6 billion. Adjusted for extraordinary effects generally unrelated to the year’s ordinary financial performance, its net income was CZK 19.6 billion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) were CZK 58.1 billion (a decrease of CZK 7 billion year-on-year, of which CZK 6.1 billion was due to decreased realization prices of generated electricity). The proposed dividend for 2016 is CZK 33 per share.