Czech Sev.en Energy sells coal-fired stations to Swiss electricity producer Alpiq

Swiss electricity producer Alpiq has agreed to sell its two Czech coal-fired power stations to Sev.en Energy, owned by investor Pavel Tykač, the companies announced on Friday.

The Swiss buyer paid 280 million euros for the plants in Kladno, central Bohemia; and Zlín, southern Moravia.

It said the units can use a fuel mix that includes biomass and two flexible gas turbines, in line with EU environmental standards.

Author: Brian Kenety