ČEZ Group secures major stake in GasNet to spearhead Czech Republic’s energy transition

By on    Energy Industry News  

ČEZ Group secures major stake in GasNet to spearhead Czech Republic’s energy transition

In a strategic move poised to reshape the energy landscape of the Czech Republic, ČEZ Group has announced its acquisition of a significant 55.21% stake in GasNet, the nation’s premier gas distribution infrastructure operator. This pivotal transaction, valued at EUR 846.5 million, underscores ČEZ Group’s commitment to spearheading the Czech Republic’s energy transition from coal […]

Cinovec lithium-tin project : EMH agrees to sell 51% stake to CEZ Group for €29m

By on    Metals and Mining Industry News  

Cinovec lithium-tin project : EMH agrees to sell 51% stake to CEZ Group for €29m

European Metals Holdings (EMH), an Australian mineral exploration and development company, said that its shareholders have given approval to an investment of €29.1 million from CEZ Group in the company’s Cinovec lithium-tin project in the Czech Republic. CEZ Group, which is a Czech Republic-based electricity conglomerate, will acquire a 51% stake in Geomet, the Czech […]