Current Report No. 19/2018
Belongs to:
- Reports
Date prepared: 30 May 2018
Subject: The second decision to amicably settle all disputes regarding the invalidity of the agreement for the sale of property rights under certificates of origin between ENERGA – OBRÓT SA and one of the sued wind farms.
Legal basis: Article 17 section 1 of the MAR – confidential information
With reference to the Current Report No 37/2017 of 11 September 2017, the Management Board of ENERGA S.A. hereby states that on 30 May 2018 it obtained information to the effect that its subsidiary, Energa-Obrót S.A., and one of the 22 wind farms sued by Energa-Obrót S.A have decided to amicably settle all disputes regarding the invalidity of the agreement for the sale of property rights under certificates of origin. The parties consider their relationship based on the agreement put into question by Energa-Obrót S.A to be definitively terminated.
At the same time, the parties have decided to continue their cooperation in the scope of sales of property rights based on a new agreement.
The settlement does not have a negative impact on the financial performance of Energa-Obrót S.A.
This is the second settlement between Energa-Obrót S.A. and the sued wind farms. The Issuer published information about the first settlement in the Current Report No 17/2018 of 21 May 2018.