Energy Investments has now increased its stake to 41.11 percent. JSC Rietumu Banka owns 28.97 percent, LLC ITERA Latvija 16 percent, UAB Haupas 6.15 percent and Port Investment Co. SARL 5 percent. Other shareholders hold 2.77 percent, Latvijas Gaze confirmed separately on Wednesday.
Veolia said then the power plant “plays a crucial role in regulating and balancing the Hungarian power grid, thanks to cutting-edge technologies that make its production capacities flexible”.
Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age.
Berlin has unveiled plans to spend €16 billion on 10 gigawatts (GW) of new gas-fired power plants in a major overhaul of the country’s energy grid.
Germany is also abandoning its short-lived love affair with coal.