Enea takeover of Engie Energia Polska approved

WSE-listed power utility Enea received all necessary approvals to takeover the Polish assets of French group Engie. Enea met all conditions precedent in the deal signed with Engie in late December, including the consent of Poland's Energy Minister and antitrust watchdog UOKiK. Moreover, Engie's Polish unit debt towards Engie group entities was converted to equity in Engie Polska. The value of the deal stood at PLN 1.07 billion. Engie Energia Polska owns the Połaniec power plant with generation capacity of 1.9 GW.