Current reports
Current report no. 13/2025
Updated information regarding the signing of a term sheet document with PGE SA regarding the potential sale of shares in PAK CCGT Sp. z o.o. and shares in PGE PAK Energia Jądrowa SA
Legal basis:
Art. 17 sec. 1 MAR – inside information
Content of the report:
In relations to the current report no. 2/2025 dated January 23, 2025, regarding a term sheet document („Term Sheet”) signed by ZE PAK SA („Company”) and PGE Polska Grupa Energetyczna SA („PGE SA”), regarding the potential sale to PGE SA:
- 100% of shares in a special purpose vehicle PAK CCGT sp. z o.o. ("Shares"), which is implementing a project to build a 600 MWe CCGT gas unit with accompanying infrastructure ("CCGT Unit")
and
- 50% of shares in PGE PAK Energia Jądrowa SA ("Shares"). Currently, PGE SA and ZE PAK SA hold 50% each of shares in PGE PAK Energia Jądrowa SA. The activity of PGE PAK Energia Jądrowa SA is focused on the preparation of a project for the construction of a nuclear power plant in Konin region,
the Company announces that the exclusivity period granted to PGE SA expired on June 30, 2025, and has not been extended.
Currently, the Company is focused on independently implementing the CCGT project, relying on other financing sources.
Simultaneously, the Company and PGE SA declare their intention to continue negotiations regarding PGE PAK Energia Jądrowa SA.
Signatures of persons representing the Company:
Andrzej Janiszowski – President of the Management Board
Maciej Nietopiel – Vice President of the Management Board
Katarzyna Sobierajska – Vice President of the Management Board