Treasury gives EdF go-ahead to buy Torun power plants
The Treasury announced yesterday that it had agreed to the sale of a 45%
stake in two combined heating and power plants located in the central city
of Torun. Elektrocieplownia Torun and Elektrocieplownia Energotor will be
sold to a group led by Electricite de France (EdF). The state-owned French
power group, which already has a strong foothold in Poland's fragmented
power market, placed its bid through a consortium comprising its local power
subsidiary ZE Wybrzeze and an energy joint venture with Vivendi Universal,
Dalkia Termika. The combined revenues of the two Torun plants in 2000 stood
at zl.74 million. The only competition to the EdF bid came from
International Water Development of Amsterdam. (Prawo i Gospodarka, p. 4;
Reuters) A.K.
