January 10, 2014

CURRENT INFORMATON ABOUT PROJECTS EXECUTED BY C-ENERGY BOHEMIA S.R.O.

Project funding: In December 2013 C-Energy Bohemia concluded a contract on a bank loan granted by a consortium of banks comprising Unicredit, Česká spořitelna and Raiffeisenbank amounting to CZK 768 million. The provided funds will used for the renovation of the heating plant in Planá nad Lužnicí. The largest of the implemented projects – Ecologization and renovation of the heating plantin Planá nad Lužnicí – is also co-funded from the European Union funds (from the European Fund for Regional Development / Cohesion Fund) within the Operational Programme Environment, Priority Axis 2 – Air Quality Improvement and Emission Reduction. In mid-December 2013 our account was credited with CZK 118 million from the granted subsidy the total of which should amount almost to CZK 300 million. After this project is completed the amount of polluting substances emitted in the air will be significantly reduced; for the comparison of the current and future ecological impact see the TABLE. More information about the whole project of the heating plant renovation see the section PLANA PROJECT.

Renovation of the heat distribution system: The qualification part of the public tender on the “Renovation of the heat distribution system in Planá nad Lužnicí” is in progress. For details go to the following website. For the current and additional information follow the public tender website.