EP Energy, of the Czech Republic, acquired a 95.5% stake in Budapesti Erőmű at the end of June from Franceʼs EDF. Budapesti Erőmű supplies 60% of the capitalʼs district heating and its three power plants generate 3% of Hungaryʼs total electricity output.
EP Energy is the Czech Republicʼs biggest provider of district heating and the second-largest generator of electricity. It also has businesses in Slovakia and Germany.
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