Locked content Energa to upgrade, implement Smart Grid

Electricity supplier Energa Operator will execute projects worth PLN 174.5 million to update the Smart Grid in Poland, the company said in press release. The project will involve the installation of smart meters and automated networks in buildings and homes, which the company said will improve energ...

Locked content Energa signs new agreement with PGG

Energa Ostrołęka Power, a subsidiary of electrical power producer Energa Power, has reached a deal for the delivery of coal to Ostrołęka B Power Station of the Polish Mining Group (PGG), valued at PLN 1.26 billion, the company said in its press release on Tuesday. “The agreement covers the per...

Locked content Polimex-Mostostal announced major issuing of shares

Poland’s largest energy companies have moved to acquire a large stake in giant construction and engineering firm Polimex-Mostostal. PGE, Enea, Energa and PGNiG signed a letter of intent with Polimex-Mostostal for potential investment in the company of 150 million shares and the latter’s ...

Locked content Energa offers new e-charging point

Polish energy company Energa announced that it has added another charging station for electric vehicles in Gdańsk, bringing its total in the Tri-City to six, the company announced in a statement. “It is a multi-standard station that allows charging for all available models of electric cars,...

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 Energa with net loss due to impairments

Power utility Energa posted an attributable net loss of PLN 127 million in Q2 2016 due to PLN 552 million gross in impairments, the company said. Last year in the same period, the group posted a profit of PLN 178 million. Energa’s consolidated sale revenues totaled PLN 2.31 billion, compared w...

Locked content Energa allocates more than PLN 200 mln for dividend

Power utility Energa has approved the payout of 24.1 percent of the company’s 2015 profit to dividend, the company reported. Energa will pay a dividend of PLN 0.49 per share, thus committing PLN 202.9 million in total. The decision is in line with management’s recommendation and below th...

Locked content Energa not interested in JSW shares

Poland’s fourth biggest power group Energa anounced it is not interested in either assets or in shares of listed coal mine Jastrzębska Spółka Węglowa (JSW). “In relation to media reports on a potential interest from the power sector in assets or shares of JSW, Energa’s management d...