Current Report No. 18/2017
Belongs to:
- Reports
Date of Preparation: 29 March 2017
Subject: Decision on recapitalizing Polska Grupa Górnicza
Legal Basis: Article 17 Section 1 of the Market Abuse Regulation – confidential information.
In reference to Current Report No. 17/2016 of 28 April 2016, the Management Board of ENERGA SA (“Company”) reports that on 29 March 2017 it made a directional decision on recapitalizing Polska Grupa Górnicza Sp. z o.o. (“PGG”) with the amount of PLN 100 million by its subsidiary ENERGA Kogeneracja Sp. z o.o.
This amount will support PGG in expanding its activities and obtaining synergies from incorporation of KHW’s production assets into PGG. The closing of the investment process will be announced by the Company in a separate current report.