Current Report No. 11/2020
Date: 23 February 2020
Subject: Adoption of the Arrangements on the subject of analyses during the suspension of work on the Ostrołęka "C" Project.
Legal basis: Article 17 (1-3) of MAR – inside information
With reference to current report No. 8/2020 of 13 February 2020, the Management Board of Energa SA ("Issuer") informs that on 21 February 2020 the companies ENERGA SA and ENEA S.A. (hereinafter jointly "Sponsors"), signed the Arrangements on the analyses during the suspension of work on the Ostrołęka Project "C" ("Arrangements").
About carrying out analyses regarding the construction of the Ostrołęka "C" Power Plant with a capacity of approx. 1,000 MW ("Project") the Sponsors decided in the Agreement signed on 13 February 2020 regarding further actions in the Ostrołęka “C” Project (which the Issuer announced in the earlier current report No. 8/2020 of 13 February 2020).
The Arrangements determine the detailed scope and schedule of analyses of technical, technological, economic, organizational and legal aspects as well as financial aspects of the Project. According to the Sponsors' assumptions, the multi-stage analysis process will be completed until 7 May 2020.