• PGE with a conditional agreement for the purchase of Polish assets of EDF (Conditional Share Sale Agreement). After the transaction PGE will lead the heat market

    19.05.2017

    PGE Polska Grupa Energetyczna has successfully concluded negotiations on the purchase of French EDF’s assets in Poland. Thanks to the independent acquisition of 8 CHP plants in the biggest agglomerations such as Trójmiasto (Tricity), Wrocław and Kraków, located in five voivodeships, the Rybnik power station in Silesia and almost 400 km of heating network in four cities, the PGE Group will strengthen its leading position on the Polish electricity market and will become the largest supplier of the system heat. A conditional  agreement worth a total of PLN 4.5 billion was signed on 19 May 2017.

  • Excellent financial and operational results of the PGE Group for Q1 2017

    11.05.2017

    • The Group achieved the highest electricity production volume since 5 years, reporting a 14% growth, including a 24% growth in lignite production
    • The PGE EBITDA amounted to almost PLN 2 billion
    • Stable development of the distribution sector – increase in the volume of distributed power by 4% and investments allowing to achieve the goals of quality tariff of the President of the Energy Regulatory Office
  • PGE Group publishes operating and financial results for 2016

    07.03.2017

    • Electricity distribution and sales volumes increased compared to the previous year

    • Construction of new units at Opole and Turów is on schedule. Work at Opole is over 70% complete and nearly 18% at Turów

    • PGE expects further efficiency improvements and higher flexibility amid search for new business areas

  • PGE Group publishes operating and financial results for the first three quarters of 2016

    08.11.2016

    • The Group increased electricity distribution and sales volumes compared to the previous year
    • Construction of new units in Opole and Turów is progressing according to the plan
    • Completing a comprehensive modernisation programme for units 7-12 in Bełchatów increased lignite-based production in the third quarter of 2016
    • PGE is aiming for further efficiency improvements, higher flexibility and seeking new business areas

  • PGE Group publishes report for H1 2016

    09.08.2016

    • Lower electricity prices and volumes are impacting financial and operating results
    • Programmes to build new units and comprehensively modernise existing lignite-based assets are progressing according to plan
    • Ordinary General Meeting has decided to set the dividend at PLN 0.25 per share
    • Group’s updated strategy to be published in September 2016

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