Annex to the investment agreement on directional principles of cooperation in construction of Ostrołęka C Gas Power Plant
Belongs to:
- Current reports
Current report No. 37/2021
Date: 29 November 2021
Subject: Annex to the investment agreement on directional principles of cooperation in construction of Ostrołęka C Gas Power Plant
Legal basis: Article 17 (1) of MAR - inside information
With reference to the current report No. 85/2020 of 22 December 2020, the Management Board of Energa SA ("Issuer") informs that on 29 November 2021 it concluded with PKN ORLEN S.A. and Polskie Górnictwo Naftowe i Gazownictwo SA ("PGNiG") (collectively "the Parties") an annex to the investment agreement as of 22 December 2020 on directional principles of cooperation in construction of Ostrołęka C Gas Power Plant ("Annex").
According to provisions of the Annex the Parties confirmed their will to cooperate in building of the Ostrołęka C Power Plant ("Project"), recognizing the need to adjust the principles of that cooperation to the conditions in which the Project will be realised.
The Parties will endeavour to agree that the final form of PGNiG involvement in the Project will be financial engagement and it amount and form will be described in a separate agreement to be signed by the end of 2022.