Polish power groups compete for French EDF assets
01:44
Polish Energy Group (PGE), Enea, Energa and Polish Petroleum and Gas Mining (PGNiG Termika) filed a joint preliminary non-binding offer for Polish assets of French EDF, the companies announced in market filings.
The assets include the Rybnik power plant, heat & power plants in Kraków, Gdańsk and Gdynia power plants & heat distribution networks in Toruń, the Wrocław agglomeration and Zielona Góra as well as a gas-fueled block project in Toruń.
The value of the bid was not revealed.
In March, some Poland's power groups announced an investment in coal group Polska Grupa Górnicza (PGG): Energa was ready to invest up to PLN 600 million, PGE up to PLN 500 million, while PGNiG Termika up to PLN 400 million.
