Current reports
Current report no. 24/2021
Change of the local spatial development plan - Project of Przykona photovoltaic farm
Legal basis:
Art. 17 item 1 MAR – inside information
Contents of the report:
Zespół Elektrowni Pątnów-Adamów-Konin SA („Company”) informs that on August 23, 2021, the Resolution No. 0007.272.2021 of the Municipal Council of Przykona on the local spatial development plan ("Resolution") comes into force. This Resolution is significant for the Company because it concerns post-mining areas, currently owned by the Company's subsidiary, on which ZE PAK Group intends to build a photovoltaic farm.
The adopted spatial development plan, with regard to the land belonging to ZE PAK Group, determines the allocation of the land for the construction of a photovoltaic power plant together with all the required infrastructure. The available area allows for the construction of a farm with a capacity of approximately 180-200 MWp. The intention of the Company is to implement the project in a separate special purpose vehicle.
The construction project of a photovoltaic farm in Przykona would be another large photovoltaic project implemented by ZE PAK Group, currently the construction project of 70 MWp Brudzew photovoltaic farm is in the final stage of implementation. Based on the experience from the implementation of Brudzew project, the company estimates that the construction period for Przykona farm will be around 15 months (from obtaining a complete set of formal and legal approvals), while the capital expenditure for Przykona farm will amount to approximately PLN 500 million. The Company will inform about obtaining a complete set of formal and legal approvals and readiness for implementation in a separate report.
Signatures of persons representing the Company:
Piotr Woźny – President of the Management Board
Maciej Nietopiel – Vice President of the Management Board