Luxembourg, August 18, 2022 – MVV Energie AG (“MVV”), a leading German energy company, has signed an agreement to sell 100% of its Czech activities (“MVV Energie CZ”) to Cube Infrastructure Managers (“Cube”), an independent European mid-market...August 18th, 2022
FiledAugust 18th, 2022The energy group MVV Energie CZ provides services to customers in 15 cities and is among the leading producers and distributors of heat in the Czech Republic. The group is also engaged in high-performance electricity generation, waste to energy production, energy consulting, water management and the provision of electronic communications services. It offers stable employment to its almost 500 members of staff in the regions. In 2021, MVV Energie CZ sold ~690 GWh of heat and ~170 GWh of power in the Czech Republic and generated Euro 78 million in revenue.