Czech KKCG to make bid for Innogy energy assets in country

The Czech investment group of Karel Komárek, focused on energy and betting, is preparing to make a bid for the assets of Germany company Innogy in the Czech Republic according to the group’s spokesman.

Innogy’s assets cover gas distribution, gas storage, electricity distribution and heat and power production. The company has around 1.7 million customers in the Czech Republic.

Komárek’s KKCG group says it is likely to lodge its bid within the next days. An offer from the Macquarie investment group, already present in the Czech Republic with ownership of energy assets, is also expected.