Information from PKN ORLEN S.A. on the declaration regarding the investment realised by Elektrownia Ostrołęka sp. z o.o.

Belongs to:

  • Current reports
Title: Information from PKN ORLEN S.A. on the declaration regarding the investment realised by Elektrownia Ostrołęka sp. z o.o.
Date: 2020.19.05
Report no.:  Current Report No. 41/2020

Current Report No. 41/2020

Date: 19 May 2020

Subject: Information from PKN ORLEN S.A. on the declaration regarding the investment realised by Elektrownia Ostrołęka sp. z o.o.

Legal basis: Article 17 (1) of MAR - inside information

The Management Board of Energa SA ("Issuer") informs about the receipt on 19 May 2020 from PKN ORLEN S.A. ("PKN ORLEN"), the Issuer's major shareholder, the declaration of preliminary readiness for direct financial involvement into power unit construction realised by Elektrownia Ostrołęka sp. z o.o. ("Investment"). The declaration is a response to the Issuer's inquiry addressed to PKN ORLEN and was submitted only if technological assumptions for the Investment were changed to gas-based technology, being one of the considered scenarios of conducted analysis which were a subject of current reports No. 8/2020 of 13 February 2020, No. 11/2020 of 23 February 2020 and No. 38/2020 of 7 May 2020 provided by the Issuer.

In addition, PKN ORLEN declared its readiness for discussions with the shareholders of Elektrownia Ostrołęka sp. z o.o., i.e. Energa SA and Enea S.A., as to the form, scope and matter of above mentioned involvement.

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