PRAGUE, Oct 23 (Reuters) - Czech electricity producer CEZ has agreed to sell most of its assets in Romania to funds managed by Macquarie Infrastructure and Real Assets (MIRA), another step of pulling back from foreign markets, CEZ said on Friday.
The package of seven firms includes electricity distribution networks, energy supply and the Fantanele Cogealac wind park, CEZ said.
"CEZ will increase its debt capacity and will be able to channel resources into investments in line with the current strategy, which is focused on decarbonising the production portfolio, developing renewable energy and providing modern energy services in the Czech Republic and across Europe," the company said.
Societe Generale (PA:SOGN) advised CEZ on the transaction, whose price was not revealed.