Energetický a průmyslový holding, a.s. (EPH), a leading Central European energy company, has entered into an agreement with a consortium of global institutional investors led by Macquarie Infrastructure and Real Assets (MIRA) on the sale of a 30% stake in EP Infrastructure, a.s. (EPIF).
The remaining 70% of EPIF remains with EPH, which will also retain management control over EPIF.
The MIRA-managed consortium is led by Macquarie European Infrastructure Fund 5 and includes global institutional investors.
“We welcome Macquarie, one of the most prestigious global managers of infrastructure assets, and its consortium partners as our new partner and shareholder in EPIF. Their investment in EPIF is clear recognition of the quality of assets owned by EP Infrastructure. We look forward to our future cooperation and we are convinced that the new shareholder in EPIF will bring beneficial contributions to the area of finance and to strategic discussions on each business area within EPIF. Macquarie and its consortium partners are among the world’s leading investors in energy infrastructure and bring valuable global experience and expertise to the business,” said Daniel Křetínský, Chairman of the board of EPH.
The transaction is expected to complete in early Q1 2017, following customary regulatory approvals.