International consortium reluctant to close Rybnik deal
The deadline for the consortium of NRG, Marubeni and GE Capital to buy a
share of Rybnik power station will probably be moved to July 20 from July
24. If the consortium decides to take the plunge then a decision is expected
tomorrow. Only the Japanese Marubeni seems to be pushing for a deal. The two
other U.S.-based companies are being much more cautious. The consortium is
worried about coal prices in Poland. A solution to purchase mines fell
through, as did an attempt to obtain long term contracts with them. If the
sale does not go through, it will be a blow to the whole Polish energy
sector, which is currently awaiting privatization. (Puls Biznesu, page 3)
A.D.
