PKN ORLEN about to close the largest transaction on Poland’s energy market

​Within no more than four months PKN ORLEN fulfilled all conditions precedent to the acquisition of the ENERGA Group, including reaching the threshold of 66% of shares covered by the tender offer. The price was eventually set at PLN 8.35 per share. The share acquisition process by PKN ORLEN has begun today. It is an important component of PKN ORLEN’s strategy to create a strong multi-utility group which will strengthen the competitive and financial position of both companies, improve Poland’s energy security, and in particular stimulate the Polish economy.

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PKN ORLEN analyses wind conditions in Baltic Sea

​The ORLEN Group’s Baltic Power is analysing environmental and wind conditions within the area covered by its licence in the Baltic Sea. For this purpose, a laser measuring device (floating buoy lidar)...

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PKN ORLEN invests in biofuels of the future

​PKN ORLEN is launching an operational programme for biofuels to be based on three pillars – building biofuel production facilities, research and development work and operational adaptation of the logistics function.

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PKN ORLEN considers construction of wind farm project

​PKN ORLEN has announced a tender for the development of a preliminary technical concept to determine the options for preparing and implementing a project involving the construction of offshore wind...

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Construction of CCGT unit in Włocławek − new arrangements

PKN ORLEN concluded with the consortium of companies (General Electric International Inc. acting via General Electric International S.A., office in Poland and SNC-LAVALIN POLSKA sp. z o.o.) an annex to the agreement for building power plant in Wloclawek. The Annex defines further steps related to defects detected during commissioning.

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‘First fire’ − Włocławek CCGT plant’s gas turbine comes online

The 463 MWe CCGT unit in Włocławek has been successfully fired up, with the gas turbine reaching the target rotation speed of 3,000 rpm. This marks another stage of the start-up phase to be completed in the middle of this year.

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ORLEN to build Poland’s largest gas-fired CHP plant

PKN ORLEN has launched the construction of a CCGT unit at the Płock production plant. The new heat and power generation unit, with a capacity close to 600 MWe, is to be brought on stream in late 2017 or early 2018. The project’s budget is planned at PLN 1.65bn. The foundation act was signed by Piotr Chełmiński, member of the PKN ORLEN Management Board responsible for Business Development and Power and Heat Generation, and Peter Baudrexl, President of the Management Board of Siemens Sp. z o.o.

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Siemens to build PKN ORLEN’s second CCGT unit

PKN ORLEN has signed a contract with a consortium of Siemens AG and Siemens Sp. z o.o. for the turnkey delivery of a CCGT unit in Płock and a comprehensive O&M contract for the unit’s key equipment, covering a period of approximately twelve years. The value of the turnkey EPCC contract and the O&M contract is PLN 1.3bn and PLN 0.3bn, respectively.

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PKN ORLEN to build CCGT plant in Plock

The project to construct a CCGT plant in Plock has been approved today by the PKN ORLEN Supervisory Board. The new unit, with a capacity of nearly 600 MWe, is expected to come on stream at the end of 2017. The project, involving construction of the CCGT unit on a ‘turn key’ basis and the auxiliary infrastructure, is valued at PLN 1.65 bn.

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