Elsam to enter bid in Elektrownia Kozienice tender
Danish energy producer Elsam is likely to be the greatest surprise in the
tender for the privatization of the Elektrownia Kozienice power plant. The
date for filing preliminary bids has been set for November 12 by the
Treasury Ministry. Due to ardent Sejm debate, as well as an excise on energy
introduced in March, interest in the privatization of the energy sector is
on the decrease and therefore only a few potential investors are expected to
participate in the tender. Nevertheless, Elsam took everybody by surprise by
expressing its interest in the tender, particularly as in Poland it is known
only for wind-energy production. Elsam is the only player on the Danish
energy market. While other Western European energy producers develop their
activities outside their local markets, Elsam's power plants are all located
in Denmark, which is said to be the cause of the company's search for more
open markets. According to unofficial information, the Danish investor is
inclined to locate its financial surpluses in Kozienice and is said to have
at its disposal $200 million. It is also possible that, apart from the
Danish company, Belgium's Electrabel and SNET of France intend to file bids.
(Puls Biznesu, p. 4) A.Z.