The Czech billionaire’s energy company is expanding in the Netherlands

The Czech billionaire’s energy company is expanding in the Netherlands


Photo: ANP

Czech billionaire Daniel Krytinski’s energy company acquires a gas-fired power plant in Bernice. EP buys this power plant from investor Castleton Commodities. EP acquires a 50 percent stake in another gas-fired power plant in the port of Rotterdam. Energy company Eneco owns the other half of the plant.

It is not known how much the company pays for the factories. Earlier this year, EP has already bought two power plants and energy company Zeeland PZEM. Kretinsky now has gas-fired power plants with a combined generation capacity of 2.6 GW. This makes the company the third largest operator of power plants in the Netherlands.

The EP is also active outside the Netherlands in the Czech Republic, Slovakia, Germany, Italy, Ireland, UK, France and Switzerland. Kretinsky is also active as an investor. For example, he has a keen interest in PostNL and Britain’s Royal Mail.

He also owns soccer club Sparta Prague and has invested in West Ham United, who reached the Conference League final at the expense of the Arizona club last week. He also tried to take over the German wholesale company Metro in 2019. This is well known in the Netherlands from the Makro wholesale chain.

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