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EPH Group Acquires Second Biomass Power Plant in Europe

Posted on : 11 Jan, 2018

 

Leading energy company in Europe - EPH (Energetický a průmyslový holding a.s.) has acquired the biomass power plants owned by Biomasse Italia and Biomasse Crotone (for a total capacity of 73 MW) from Bioenergie (50 percent) and Api Nòva Energia (50 percent).

With this acquisition, EPH has established itself as a key renewable energy company for solid biomass in Italy. 

EPH that has headquarters in Prague, is planning to expand into European renewables market, and this new acquisition is part of its plan to increase market share. 

EPH Group has already invested in the UK – where it acquired  Lynemouth, a 420MW coal plant in Northumberland, that is now being converted to fire biomass feedstock. Once completed, the plant will be one of the biggest biomass plants in the world.

“Biomass could be the best tool to meet the goal of coal phase-out foreseen by the new National Energy Strategy, as proven in the UK and Denmark,” said Marco Arcelli, EPH business development director.

More details about biomass projects in Europe will be shared at CMT’s 3rd Biomass Trade & Power Europe on 7-8 February 2018 in Copenhagen, Denmark.

Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more information.

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