No. 37/2023 | 10-08-2023 | 22:04
Disclosure of delayed inside information regarding resolution of the ORLEN Management Board on conditional investment decision on the Offshore Wind Farm project
ORLEN S.A. (“Company”) discloses the following inside information, publication of which was delayed on 25 July 2023:
“ORLEN S.A. (“ORLEN”, “Company”) informs that on 25 July 2023 the Company’s Management Board adopted resolution on the conditional investment decision regarding the launch of a project for construction of an Offshore Wind Farm located in the Polish Exclusive Economic Zone on the Baltic Sea with a maximum capacity up to 1200 MW (“Project”). The Project will be carried out by Baltic Power sp. z o.o.
The decision requires the consent of the Company’s Supervisory Board, for which the Management Board will immediately apply.”