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Energetický a průmyslový holding (EPH)

Energetický a průmyslový holding (EPH)

Private Energy Group

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Stories

TotalEnergies and EPH close flexgen joint venture, creating Europe's #2 dispatchable power operator

Money Moves

Sold 50% stake, took TotalEnergies shares as payment

Five months after announcing the deal, TotalEnergies and Czech billionaire Daniel Křetínský's EPH closed their flexible-power joint venture on April 29, 2026. TTEP, headquartered in Amsterdam, controls 14 gigawatts of operating or under-construction capacity across Italy, the UK, Ireland, the Netherlands, and France — Europe's second-largest on-demand backup power operator.

Updated May 31