PGE Polska Grupa Energetyczna is planning to issue series E shares. If approved by an Extraordinary General Meeting, the issue may raise an estimated PLN 3.2 billion. The funds raised from investors would be deployed to capital-intensive investment projects in the area of distribution grid development, renewable energy sources and decarbonisation through the development of low-carbon sources.
To align with investor expectations, PGE Group participated in CDP’s international survey on climate protection and water management. This was also intended to define a starting point for the Group in these areas, being the foundation for a stronger push by PGE to limit its impact on the natural environment.
PGE Polska Grupa Energetyczna, Tauron Polska Energia and Enea are joining forces in the area of offshore wind energy. Poland's largest energy companies are planning to develop four offshore wind projects in the Baltic Sea, setting the pace for the country's energy transition. PGE Polska Grupa Energetyczna has signed conditional agreements with Tauron Polska Energia and Enea for the sale of shares in four project companies whose task will be to obtain location permits for the construction of offshore farms in the Polish Exclusive Economic Zone in the Baltic Sea.
Representatives of PGE, PGE Baltica and the City of Ustka have signed a letter of intent regarding the possibility of establishing service infrastructure at the Sea Port in Ustka for planned offshore wind farms.
In today;s debate organised by the Brussels portal Euractiv, "The new EU ETS: what should be changed?", PGE called for mitigating the additional costs of the energy transition by introducing appropriate amendments in the Commission proposal to reform the EU Emissions Trading Scheme (EU ETS). The webinar attended by representatives of the European Commission, MEPs, market analysts and leading think tanks, brought together over 400 participants.