Locked content Enea expands electricity transmission network

One of Poland’s largest producers of electricity, Enea, announced on Monday that it would carry out PLN 900 million in investments in 2016. In a statement released to the Polish press, the company’s director of planning and development, Dariusz Strzelecki, said that 100 high-voltage projects had alr...

Locked content Enea to buy Engie Energia Polska

WSE-listed, state -controlled utility Enea has filed a bid to purchase a 100 percent stake in the Polish unit of the French energy group Engie which owns a 1.8 GW power plant in Połaniec. “The desire of the Company to acquire generation assets owned by ENGIE Energia Polska S.A. is to strengthen the ...

Locked content New joint venture “ElectroMobility Poland” by Enea, Energa...

The Consumer Protection Authority (UOKiK) has approved the establishment of a joint entity “ElectroMobility Poland” by the four largest Polish power groups – Enea, Energa, Polska Grupa Energetyczna (PGE) and Tauron, the watchdog informed on Thursday. The joint venture proposal was ...

Locked content Polish power groups compete for French EDF assets

Polish Energy Group (PGE), Enea, Energa and Polish Petroleum and Gas Mining (PGNiG Termika) filed a joint preliminary non-binding offer for Polish assets of French EDF, the companies announced in market filings. The assets include the Rybnik power plant, heat & power plants in Kraków, Gdańsk and...

Locked content Bogdanka aims to sell over 9 mln tons of coal in 2016

Coal mine Bogdanka, a unit of state power group Enea, announced its plan to produce and sell 8.5-9.0 million tons of coal in 2016, with some 150,000 – 250,000 tons in coal inventories by the end of the year. In H1, Bogdanka produced net 4.285 million tons of commercial coal, which is 10.1 perc...

Locked content Enea net profit reaches PLN 471 mln in H1

Power utility Enea generated a consolidated net profit of PLN 471.2 million in H1 2016, which is 12.7 percent more than in H1 2015. The company’s revenue grew by 21.4 percent and stood at PLN 5.6 billion. Enea’s operating profit amounted to PLN 610.6 million in H1 2016, 16.5 percent high...

Locked content KHW to get a PLN 500 mln contribution from Enea and Węglokoks

State-controlled power company Enea, state-run mine Węglokoks and investment entity TF Silesia will invest in coal mine Katowicki Holding Węglowy’s (KHW), making a total pool of PLN 700 million, the companies informed. Enea agreed to contribute PLN 350 million, while Węglokoks will invest PLN ...

Locked content Expansion of Kozienice power plant is postponed

State-controlled power distributor Enea may face a delay in its Kozienice power plant expansion project as the building consortium led by Polimex-Mostostal proposed a new schedule with completion shifted to December 19, 2017, Polimex-Mostostal informed in a market filing. The proposed postponement c...

Locked content Enea wants to increase its coal reserves by 200-350 mln tons

Coal miner Bogdanka, a unit of power group Enea, expects to increase its recoverable coal reserves by 200-350 million tons of coal if it obtains a mining license for Ostrow deposit, the company informed in a statement. Currently, Bogdanka owns 230 million tons of coal. Bogdanka could thus extend its...

Locked content PKP Cargo lands PLN 37 mln deal with Enea

State-controlled power distributor Enea has signed a contract with railway freight carrier PKP Cargo for the delivery of coal from the Silesian mines to the Kozienice powerhouse. The deal is valid for 12 months and its value amounts to PLN 37 million. According to the agreement, PKP Cargo will trans...