Uniper, Germany’s largest operator of gas storage facilities and hydropower plants, has signed an agreement to sell the Datteln 4 coal-fired power plant in North Rhine-Westphalia to ResInvest Group. In addition to the coal handling infrastructure, the transaction also includes the associated heat generation facilities.
Datteln 4 is a modern hard coal-fired power station with a net electrical output of 1052 MW. Commissioned in 2020, it ranks among the most efficient and flexible coal-fired power plants worldwide. It supplies electricity to the grid, traction power to Deutsche Bahn railways, and district heating to several thousand homes in the northern Ruhr area. Currently, more than 100 employees work at the site.
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The sale of this non-strategic investment is among the set of conditions that Uniper must fulfil under EU state aid law. On 20 December 2022, the EU Commission approved the stabilisation package for Uniper under EU state aid law, and defined a series of structural remedies that Uniper must fulfil. One of the conditions is the sale of Datteln 4.
Holger Kreetz, Uniper CEO, commented: “The plant makes a significant contribution to energy supply … it is all the more gratifying that we have found a buyer in ResInvest Group a.s. who will continue to guarantee the safe and efficient operation of the plant. Upon completion of the transaction, ResInvest Group will take over a state-of-the-art power plant, [with] … a strong; operational] team.”
Tomáš Novotný, founder and chairman of ResInvest Group, said: “By acquiring Datteln 4, we are pursuing our strategy of investing in infrastructure assets where we see long-term value. We are committed to ensuring reliable operations today, while remaining ready to meet future energy needs.”
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By GlobalData
