Daniel Křetínský

Stories

TotalEnergies and EPH close flexgen joint venture, creating Europe's #2 dispatchable power operator

As of May 2026: Now one of TotalEnergies' largest individual-linked shareholders

Five months after announcing the deal, TotalEnergies and Czech billionaire Daniel Křetínský's EPH closed their flexible-power joint venture on April 29, 2026. TTEP, headquartered in Amsterdam, controls 14 gigawatts of operating or under-construction capacity across Italy, the UK, Ireland, the Netherlands, and France — Europe's second-largest on-demand backup power operator.

Updated May 31