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Energa S.A. — M&A Activity 2021
Apr 14, 2021
5598_rns_2021-04-14_d500c8c7-0d85-49c4-adb8-74f821ac3408.html
M&A Activity
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Current Report No. 8/2021
Date: 14 April 2021
Subject: Approval of the Polish Office of Competition and ConsumerProtection for creation CCGT Ostrołęka Sp. z o.o. together with PKNORLEN S.A. and PGNiG S.A.
Legal basis: Article 17(1) MAR - inside information
With reference to current report No. 85/2020 of 22 December 2020, theManagement Board of Energa SA (the "Issuer") informs that on 14 April2021 it received information about the approval of the President ofUrząd Ochrony Konkurencji i Konsumentów (the Polish Office ofCompetition and Consumer Protection) for the creation by PKN ORLEN S.A.("PKN ORLEN"), Energa SA and Polskie Górnictwo Naftowe i GazownictwoS.A. ("PGNiG S.A.") of the joint venture, i.e. CCGT Ostrołęka Sp. z o.o.based in Ostrołęka.
Consequently, one of the conditions of the investment agreement ondirectional principles of cooperation in construction of gas power plantin Ostrołęka C Power Plant, which was signed on 22 December 2020 betweenPKN ORLEN, the Issuer and PGNiG S.A., has been fulfilled.