Current Report No. 19/2016
Belongs to:
- Reports
Report no.: RB no. 19/2016
Legal basis: Article 56 section 5 of the Act on Offerings - confidential information update
The Management Board of ENERGA SA ("Company") reports that on 24 May 2016 it adopted a resolution repealing the resolution halting the execution of the project to build a new power unit in Ostrołęka, which was adopted in September 2012 by the Company's Management Board at that time.
The purpose of relaunching the project is to achieve readiness to begin the process of selecting a general contractor for the modern 1000 MW coal power plant.
Simultaneously, the Company will take action to:
- secure a strategic investor or a co-investor, which is necessary due to the scale of the investment project,
- work out a recommended Project financing structure.
The above information is an update to Current Report No. 41/2014 on the ENERGA Group Investment Program, which included the Ostrołęka C project as an investment option.