Locked content Fitch affirms ENEA at ‘BBB’ on Bogdanka acquisition

Fitch Ratings has affirmed state-controled power company Enea’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’ and National Long-term rating at ‘A(pol)’ with Stable Outlooks, a press release read. The acquisition has officially been complete...

Locked content Enea takes over KHW

State-controlled power utility Enea will take over ailing mine Katowicki Holding Węglowy (KHW), according to Polish daily Rzeczpospolita. The newspaper reported that Enea’s involvment in KHW was a condition attached by the State Treasury when it agreed for the company to take over LW Bogdanka ...

Locked content Rafako with nearly PLN 100 mln deal

Enea Wytwarazanie, included in Enea group has signed a deal with Rafako to construct a flue gas desulphurization unit at the electric and heating plant in Białystok, for PLN 96.6 million, the Polish Press Agency (PAP) reported citing the company.  The project is to be delivered within 26 months. In ...

Enea acquires Bogdanka

State-controlled Enea, which will soon formally acquire LW Bogdanka said it will not change the dividend policy of the private mine, the media reported.

Locked content Watchdog approves takeover of Bogdanka

Polish state-controlled utility Enea said on Monday that Poland’s anti-monopoly watchdog UOKiK has approved Enea’s takeover of coal mine Bogdanka. Enea said the approval means that all conditions for the purchase of Bogdanka shares by Enea have been met. On Friday, state-controlled Enea ...

Locked content Successful offer for Bogdanka: Enea closer to acquiring the mine

This morning, state-controlled Enea prolonged subscriptions for LW Bogdanka mine’s shares, however the number of subscriptions has already reached the minimum necessary to conduct the merger, the company informed in the afternoon. The shareholders at the mine subscribed to 21.9 million papers,...

Locked content Enea prolongs subscriptions for Bogdanka

State-controlled Enea has prolonged subscriptions for Bogdanka mine’s shares to October 21 due to lack of approval by the anti-monopoly watchdog UOKiK regarding consolidation at the scheduled time, the media reported. Enea handed in a motion to suspend the proceedings due to a resolution estab...

Locked content Enea interested in KHW mine

State-controlled power company Enea has repeatedly launched due diligence of Katowicki Holding Węglowy (KHW) mine, Rzeczpospolita daily reported. According to recent media reports, the Ministry of the State Treasury approved the acquisition of Bogdanka private mine by Enea on condition that the stat...