Tauron gives up on selling wind farms assets

Poland's second largest power utility company Tauron pulled back from talks on selling its wind farms mainly due to low energy and green certificates prices and instead will cooperate with peer Enea on  its renewable sources of energy business, Tauron announced in a press statement "This project is important to us, that's why we are launching negotiations with a new partner, based on fundamentally different assumptions," CEO Dariusz Lubera was quoted as saying. "We will certainly consider various scenarios of cooperation based on a symmetrical division of risks between the partners." Highly indebted Tauron said in May that it planned to sell four of its wind farms to free more funds, with the prospect of their repurchase in several years.