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TotalEnergies' Joint Venture With Czech EPH Approved by European Commission
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TotalEnergies' Joint Venture With Czech EPH Approved by European Commission
Mar 25, 2026 5:16 AM

07:54 AM EDT, 03/25/2026 (MT Newswires) -- TotalEnergies (TTE) and Czech energy company Energeticky a prumyslovy holding have received European Commission approval to form a joint venture, the regulator said Wednesday.

The transaction mainly relates to the flexible power generation market across Italy, the Netherlands, Ireland, the UK, and France.

The European Commission said the deal would not raise competition concerns, citing the companies' limited market positions and the transaction's limited impact on the market structure.

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