The future of the nation's heat and energy plants remains uncertain

The investment was completed through project financing and therefore when long term contracts within the sector are liquidated, which is planned by the government in the second half of this year, creditor banks will have the right to take over the company without any disputes. The successors of American Enron are faced with a similar situation, which will gain control over the Nowa Sarzyna plant. If long term contracts are cancelled, than the banks which have financed a majority of the $130 million investment would take control of this plant. Kogeneracja, a major shareholder in the Zielona Góra, faces the same problem. All investors plan to take legal steps to recover their investments, when long term contracts are annulled. (Puls Biznesu, pp. 1, 4) A.K.