EVN AG - Environmental & Social Information 2021

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Corporate | 30 September 2021 19:02

EVN AG: EVN finalises exit from the Walsum 10 coal-fired power plant project

DGAP-News: EVN AG / Key word(s): Miscellaneous

30.09.2021 / 19:02

The issuer is solely responsible for the content of this announcement.

Today marked the closing for the contracts which finalise EVN’s exit from the Walsum 10 coal-fired power plant project. Under these contracts, EVN is transferring its 49% investment – which represented less than 3% of EVN’s Group revenue – to the co-shareholder STEAG. The contract for EVN’s electricity procurement from this power plant ends at the same time.

Following the early termination of generation at the Dürnrohr power plant in August 2019, EVN is now completing its exit from coal-fired electricity production. This reduces CO 2 emissions from energy generation by three-fourths in total, which reflects the consequent implementation of the Corporate Strategy 2030.

The transaction will not have any negative effect on EVN’s results for the 2020/21 financial year. The parties have agreed not to disclose any details on the transaction.

30.09.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	EVN AG
	EVN Platz
	2344 Maria Enzersdorf
	Austria
Phone:	+43-2236-200-12294
E-mail:	[email protected]
Internet:	www.evn.at
ISIN:	AT0000741053
WKN:	074105
Indices:	ATX
Listed:	Foreign Exchange(s) Vienna Stock Exchange (Official Market)
EQS News ID:	1237209