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PKN ORLEN declaration regarding the investment realised by Elektrownia Ostrołęka sp. z o.o.
PKN ORLEN S.A. (“Issuer”) informs that it has transferred to ENERGA S.A. its statement in connection with the inquiry addressed to the Issuer by ENERGA S.A. regarding the will to the Issuer's direct financial involvement in the investment regarding the construction of a coal energy block realised by Elektrownia Ostrołęka sp. z o.o. with its registered office in Ostrołęka ("Investment").

PKN ORLEN S.A. declared preliminary readiness for direct financial involvement in the Investment only if the technological assumptions for the Investment were changed to gas-based technology.

In the Issuer's opinion, the result of the conducted analyzes justifies the acceptance of the conclusion that it is necessary to change the subject of the Investment, as above.

PKN ORLEN also declared its readiness to talk with the shareholders of the company realised the  Investment, i.e. with ENERGA S.A. and ENEA S.A. as to the form, scope and manner of involvement referred to above.

PKN ORLEN S.A. holds 80% of ENERGA S.A. share capital, which corresponds to 85% of the total number of votes at the General Meeting of ENERGA S.A. Whereas ENERGA S.A. holds 50% of Elektrownia Ostrołęka sp. z o.o. share capital. 

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