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| EDF : AND EPH SIGN DEFINITIVE AGREEMENT FOR THE SALE OF 49% OF STREDOSLOVENSKÁ ENERGETIKA A.S. (SSE) |
| Bratislava, 26.05.2013 |
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| EDF and EPH SIGN DEFINITIVE AGREEMENT FOR THE SALE OF 49% OF Stredoslovenská Energetika a.s. (SSE)
EDF and Energetický a prumyslový holding, a.s. (EPH) announce they have signed today a definitive agreement for the disposal of EDF's minority stake of 49% in Stredoslovenská Energetika a.s. (SSE) to EPH. The transaction values the 49% stake of EDF in SSE at approximately 400M?.
EDF had announced on May 21st it had entered into an exclusivity agreement with EPH.
The contemplated transaction will be submitted for authorization to a general meeting of shareholders of SSE. Closing is expected during second semester of 2013 following receipt of antitrust clearance.
Stredoslovenská Energetika, a.s. is a power distribution and energy supply company operating in central Slovakia in the province of Zilina, serving about a third of the country's area. At 31 December 2012 SSE owned nearly 33,400 km of high, medium and low-voltage power lines, and had supplied 4,852GWh to about 630,000 customers during the year. SSE also owns some small generation assets in solar and hydro, as well as a 50MW gas turbine. Headquartered in ?ilina, SSE has approximately 1,700 employees.
EDF group, one of the leaders in the European energy market, is an integrated energy company active in all areas of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydropower generation facilities where 95.9% of the electricity output is CO2-free
EDF's transmission and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to approximately 28.6 million customers in France. The Group generated consolidated sales of ?72.7 billion in 2012, of which 46.2% outside of France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index
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EPH is a leading CE vertically integrated energy utility covering wide range of energy activities in gas, heat, power and mining sectors. Through EP Energy EPH covers coal extraction, combined heat and power generation (cogeneration), energy distribution, coal sales and electricity wholesale and electricity supply to end-customers. Through SPP EPH has a dominant position in all segments of the gas market in Slovakia and is one of the leading gas TSOs in Europe. With 10,500 employees EPH operates in Germany (number three ligning mining company), Czech Republic (number one heat supplier and number two power generator), Slovakia (number one in gas transmission, distribution, gas storage and supply) and Poland (only foreign investor in hard coal mining in the country).
Please, only print this document if absolutely necessary.
EDF SA Energetický a prumyslový holding, a.s.
22-30, avenue de Wagram Parí?ská 26
75382 Paris cedex 08 110 00 Praha 1
Capital de 924 433 331 euros
552 081 317 R.C.S. Paris
www.edf.fr:
http://www.edf.fr/ www.epholding.cz:
http://www.epholding.cz/
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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