JSW raises more than PLN 1 billion
13:57
The deputy Energy Minister, Grzegorz Tobiszowski, confirmed Jastrzębska Spółka Węglowa's (JSW) plan of divesting select assets to the amount of PLN 1 billion.
"It is important that we engage the means we want to raise from investors, i.e. over PLN 1 bln," Tobiszowski said.
Listed coal and coking mine JSW intends to sell, among others, a stake its coke unit JSW Koks (JSW would retain control), the Victoria coal mine, SEJ power unit and PEC heat and power firm, whereas PGNiG Termika (interested in SEJ), investment vehicle PIR, TF Silesia and industry restructuring agency ARP are still being negotiated.
Also, the deputy Energy Minister dismissed speculations that JSW's Krupinski mine is to be taken over by a foreign investor.
