W-5 energy group formed

The State Treasury announced the commencement of a formation of a consortium merging five energy distributors in Lower Silesia and Opolszczyzna. The consortium will encompass power stations in Jelenia Góra, Legnica, Wałbrzych, Wrocław and Opole to form the W-5 Group. The venture will service 1.5 million clients covering almost 5% of the country. According to the management of these companies, a consolidation of the sector creates opportunities for further development. A special committee has been formed which will encompass the top management of all five of the plants to execute the project. (Gazeta Wyborcza, p. 21) A.K.