Current Report No. 33/2018

Prepared on: 12.07.2018

Subject:    Conclusion of a Public Contract Agreement with the General Contractor selected through a competitive dialogue procedure for the award of a sector-specific public contract under the name of ‘Construction of Ostrołęka Power Plant C with an approximate output of 1000 MW’.

Legal basis: Article 17(1) of the Market Abuse Regulation – confidential information

Report contents:

In connection with the Current Report No. 32/2018 of 6 July 2018 and earlier reports concerning a competitive dialogue procedure for the award of the sector-specific public contract ‘Construction of Ostrołęka Power Plant C with an approximate output of 1000 MW’ (‘Contract’), the Management Board of ENERGA SA (‘Issuer’) advises that the conclusion on 12 July 2018 of the Public Procurement Agreement (‘Agreement’) between Elektrownia Ostrołęka sp. z o.o. (‘Company’) and the General Contractor: the Consortium of GE Power Sp. z o.o. (Consortium Leader) and Alstom Power Systems S.A.S., selected through a competitive dialogue procedure for the award of the Contract, came to its notice on the same day.

The subject of the Contract is the design, construction and commissioning of a power unit together with auxiliary installations, equipped with a pulverized coal-fired boiler having a live steam pressure of 271 MPa, with a closed cooling system, with a gross electricity production capacity of 1000 MWe (931 MWe net) and a net efficiency of 46%, working on supercritical steam paraments, with a live steam temperature of 600^oC and a re-heated steam temperature of 620^oC (‘Investment Project’).

Pursuant to the concluded Agreement, the remuneration of the General Contractor for the performance of the subject of the Agreement will be PLN 5,049,729,000.00 net or PLN 6,023,034,950.00 gross.