Elektrim tries to re-energize momentum on ZE PAK financing

"We are fed up with waiting for the decision of the National Grid (PSE) concerning deliveries of our energy. Banks will not grant us a loan without this decision," said Zygmunt Solorz-Żak, the largest shareholder in Elektrim. The company lacks EUR 350 million to conclude the investment, but Solorz-Żak has several scenarios to solve this situation. One of these includes a new share issue. "The new shares could be purchased by a foreign sector investor, which should be no problem, as we have already initial declarations. These are large energy companies, which could guarantee the investment," explained Solorz-Żak. (Puls Biznesu, pp. 1, 7) M.M.