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Cube Infrastructure Managers is pleased to announce that it has completed the acquisition of MVV Energie CZ a.s. (the “Company”), a leading operator of district heating networks in Czech Republic, through its Cube Infrastructure Fund III.
The Company provides services to customers in 15 cities and is among the leading producers and distributors of heat in Czech Republic. The Company is also engaged in high-performance electricity generation, waste-to-energy production, energy consulting, water management and the provision of electronic communications services. It offers its nearly 500 employees stable employment in the regions where it operates. In 2021, the Company sold 690 GWh of heat and 170 GWh of electricity, and generated 78 million euros in revenue...
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