Coal supplies for ENEA Elektrownia Połaniec secured

On 3 January 2018, an agreement was concluded for purchase of coal in 2018–2021 from Polska Grupa Górnicza Sp. z o.o. for the needs of power units of ENEA Elektrownia Połaniec S.A. The total net value of the agreement is PLN 1.49bn. In January 2018, an agreement was also concluded under which PGG will deliver PLN 0.52bn of coal supplies to ENEA Wytwarzanie by the end of 2021.

More funds for electromobility and innovation

On 3 January 2018, the Extraordinary General Meeting of ElectroMobility Poland S.A. (a company in which ENEA holds 25% of shares) adopted a resolution on increasing the share capital of the company by PLN 20,000,000 up to the amount of PLN 30,000,000, by increasing the nominal value of existing shares from PLN 1,000 to PLN 3,000. The share capital increase was registered in the NCR on 23 April 2018. On 31 January 2018, the Extraordinary Shareholders Meeting of ENEA Innovation Sp. z o.o. adopted a resolution on increasing the share capital by the amount of PLN 3,500,000 (from PLN 305,000 to PLN 3,805,000) by creating 35,000 new shares of nominal value of PLN 100 each. The share capital increase was registered in the NCR on 23 April 2018. On 17 April 2018, the company name was changed in the NCR from ENEA Innovation Sp. z o.o. to ENEA Innowacje Sp. z o.o.

Completion of the extension of the strategic power station in Kostrzyn-nad-Odrą

In January 2018, ENEA Operator completed a multi-stage extension of the Main Transformer Station which ensures power supplies for Customers in the Kostrzyn-Słubice Special Economic Zone. The investment is a response to dynamic economic development of the frontier zone, which translates into the need of connecting new entities to the grid and a power demand which has been growing for a couple of years.

New offer supporting fight with smog

On 31 January 2018, ENEA extended its offer by launching a new product intended to promote increased consumption of electricity in night-time hours. The new product – ENEA Eco – is to encourage the Customers to use electrical heating and electric cars thanks to attractive prices. ENEA Eco is targeted to retail customers who consume energy for the needs of households connected to ENEA Operator grid. The product supports energy consumption increase between 10 p.m. and 6 a.m. It is intended as a supplementation of preferential solutions included in the tariff for distribution services of ENEA Operator.

Changes in Management Boards of subsidiaries

On 1 February 2018, the Extraordinary Shareholders Meeting of ENEA Wytwarzanie dismissed Dariusz Skiba, Economic and Financial Vice-President, as well as Stefan Pacyński, Development Strategy Vice-President, from the management board of the Company. On 16 February 2018, the Supervisory Board of ENEA Wytwarzanie adopted a decision on the appointment, as of 26 February, of Andrzej Wicik to act as Development Strategy Vice-President of ENEA Wytwarzanie, and Jarosław Ołowski to act as Economic and Financial Vice-President. The decision was preceded by a competition procedure and interviews. On 16 February 2018, Krzysztof Szlaga ceased to act as President of the Management Board of Lubelski Węgiel Bogdanka S.A. Until the appointment of his successor, duties of President of the Management Board shall be performed by Sławomir Karlikowski, Production Vice-President of the Management Board. On 19 March 2018, the Supervisory Board of LW Bogdanka adopted a resolution on appointing Artur Wasil to the position of President of the Management Board as of 21 March 2018. After the recruitment procedure, which ended on 27 March 2018, the Supervisory Board of ENEA Centrum adopted a resolution on the appointment, as of 28 March 2018, of Sławomir Jankiewicz to the position of president of the management board of ENEA Centrum and Krzysztof Kierzkowski to the position of IT and Development Management Board member of ENEA Centrum.

Positive evaluation of the funding application related to Jastrowie wind farm

In March 2018, the construction project of a photovoltaic farm of 1 MW connection capacity in the locality of Jastrowie was positively evaluated and granted funding amounting to PLN 1,470,231.75. The total project value amounts to PLN 4,679,063.91.

Changes in the Supervisory Board of ENEA S.A.

Upon request of the Minister of Energy, as of 22 March 2018 Ireneusz Kulka was appointed to the Supervisory Board of ENEA S.A. By decision of the Minister of Energy, as of 15 April 2018, Ireneusz Kulka was dismissed from his position, and then, on 16 April 2018, appointed once again to the Supervisory Board of ENEA S.A. by the Extraordinary General Meeting. By decision of the Company's Extraordinary General Meeting, the Supervisory Board was also joined by Paweł Jabłoński, upon obtaining a positive opinion of the Board for Companies with State Treasury Shareholding and State Legal Persons. Moreover, the EGM dismissed Rafał Bargiel and Piotr Kossak from their positions.

Construction of the power unit in Elektrownia Ostrołęka draws nearer

On 27 March 2018, Elektrownia Ostrołęka Sp. z o.o., controlled by ENEA S.A. and Energa S.A., granted its consent for the settlement of the tender “Construction of Elektrownia Ostrołęka C with the capacity of approx. 1000 MW” by selecting as the best offer the one presented by the Consortium of GE Power Sp. z o.o. and Alstom Power System S.A.S, acting as General Contractor. The offer amounts to PLN 5,049,729,000 net, which is PLN 6,023,034,950 gross.