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Granting of additional CO2 allowances for PGE’s installations

  • No. of the report: 8/2019
  • Report date: 16.04.2019 16:02
  • Report legal ground: Art. 17 sect. 1 of MAR – inside information.

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna (“PGE”, the “Company”) discloses that, on the ground of the announcement of the Minister of Environment, on April 16, 2019 the Company has taken information about the number of CO2 emission rights, which have been granted to installations generating electricity, belonging to PGE Group in 2019.

As a result of settlement of capital expenditures in PGE Group, generation assets acquired from EDF group in 2017 (including Group of Kogeneracja S.A.) will additionally receive allocation of CO2 emission rights in amount of approx. 10.9 million emission rights from the pool of non-allocated allowances for previous years of the settlement period.