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EP Power Europe, a subsidiary of EPH, signed an agreement to purchase Uniper's 58% stake in the Schkopau lignite-fired power plant in Saxony-Anhalt, Germany, taking full ownership. Completion is scheduled for October 2021, subject to antitrust approval.
EPH, through its subsidiary EP Power Europe, has signed agreements to acquire Uniper's French activities, including gas-fired, coal-fired, biomass, wind, and solar power plants, for an undisclosed amount.
EP UK Investments Ltd, a subsidiary of EPH, agreed to acquire AES Corporation's generation assets at Ballylumford and Kilroot in Northern Ireland, with combined capacity of 1.4 GW. The deal includes CCGT, battery storage, open cycle turbines and a coal-fired plant.