December 22, 2017 / 12:30 PM / 6 months ago

Poland's PGE says conducting asset impairment tests

WARSAW (Reuters) - Polska Grupa Energetyczna SA (PGE) (PGE.WA) has started impairment tests aimed at checking the value of its conventional and renewable assets, Poland’s biggest energy company said on Friday.

PGE reported a 3 billion zloty (£633.50 million) net loss in 2015 hurt by impairments related to its brown coal-fired power plants.

PGE said its impairment tests stem from law changes introduced by parliament regarding state support for renewables.

Reporting by Anna Koper; writing by Marcin Goclowski; editing by Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below