Germany's E.ON sells Czech gas unit to CEZ Group's GasNet

E.ON SE

05/09/2025 06:17

Sept 5 - E.ON EONGn.DE will sell its Czech subsidiary Gas Distribution s.r.o to GasNet, a subsidiary of Czech electricity company CEZ Group CEZP.PR, the German utility said on Friday.

E.ON did not name a price for the transaction.

The move will put CEZ Group in control of the gas network across the Czech Republic with the exception of Prague, CEZ Group said in a statement on Thursday.

 (Reporting by Bernadette Hogg, Editing by Rachel More)

 ((bernadette.hogg@thomsonreuters.com))