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Energa SA (ENGP.WA)

ENGP.WA on Warsaw Stock Exchange

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13.77zł
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7.35zł

Latest Key Developments (Source: Significant Developments)

Energa Q2 Net Profit Up At 281 Million Zlotys
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - ENERGA SA ::Q2 NET PROFIT 281 MILLION ZLOTYS VERSUS 174 MILLION ZLOTYS YEAR AGO.Q2 REVENUE 2.39 BILLION ZLOTYS VERSUS 2.49 BILLION ZLOTYS YEAR AGO.Q2 EBITDA 535 MILLION ZLOTYS VERSUS PREVIOUSLY ESTIMATED 530 MILLION ZLOTYS nFWN1UD0IW.Q2 NET PROFIT HELPED BY REVERSED WRITE-DOWNS ON WIND FARMS WHICH INCREASED ENERGA'S NET RESULT BY 96 MLN ZLOTYS nFWN1TY0NE.  Full Article

Energa's CEO Arkadiusz Siwko Dismissed
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Energa SA ::CO'S SUPERVISORY BOARD DECIDES TO DISMISS CEO ARKADIUSZ SIWKO.  Full Article

Energa Reaches Settlement With Another Wind Farm
Wednesday, 18 Jul 2018 

July 18 (Reuters) - ENERGA SA ::ITS UNIT, ENERGA-OBROT SA, REACHES SETTLEMENT WITH 1 OF 22 SUED WIND FARMS.IT'S THIRD SETTLEMENT AGREEMENT REACHED WITH SUED WIND FARMS.TERMS OF SETTLEMENT ARE SATISFACTORY FOR BOTH PARTIES AND WILL NOT NEGATIVELY IMPACT UNIT'S FINANCIAL RESULTS.THE PARTIES DECIDED ON AMICABLE END TO ALL THE DISPUTES CONCERNING THE INVALIDITY OF THE SALE AGREEMENT ON PROPERTY RIGHTS RESULTING FROM GREEN CERTIFICATES.  Full Article

Energa Prelim Q2 EBITDA At 530 Million Zlotys
Tuesday, 17 Jul 2018 

July 17 (Reuters) - ENERGA SA ::PRELIM Q2 EBITDA AT 530 MILLION ZLOTYS.  Full Article

Ostroleka Signs Deal With Consortium Led By GE Power
Thursday, 12 Jul 2018 

July 12 (Reuters) - ENERGA SA ::ELEKTROWNIA OSTROŁEKA SP. Z O.O. SIGNS THE DEAL WITH CONSORTIUM LED BY GE POWER FOR ENERGA AND ENEA'S <<>> 1,000 MEGAWATT POWER PLANT IN OSTROLEKA.ON JULY 6 OSTROLEKA APPROVED THE 5.05 BILLION ZLOTY NET DEAL nFWN1U20EU.ENEA AND ENERGA SIGNED THE DEAL TO JOINTLY BUILD OSTROLEKA POWER PLANT IN DECEMBER, EACH COMPANY OWNS 50% IN THE INVESTMENT.  Full Article

Ostroleka Approves Deal With Consortium Led By GE Power - Energa
Friday, 6 Jul 2018 

July 6 (Reuters) - ENERGA SA ::EXTRAORDINARY MEETING OF PARTNERS OF ELEKTROWNIA OSTROLEKA SP. Z O. O. APPROVES SIGNING DEAL WITH CONSORTIUM LED BY GE POWER FOR ENERGA AND ENEA'S <<>> 1,000 MEGAWATT POWER PLANT IN OSTROLEKA.ON JULY 5 ENERGA AND ENEA INFORMED THAT BOTH COMPANIES WERE TO VOTE IN FAVOUR OF SIGNING CONTRACT WITH CONSORTIUM OF GE POWER AND ALSTOM POWER SYSTEMS nL8N1U20JP.ENEA AND ENERGA SIGNED THE DEAL TO JOINTLY BUILD OSTROLEKA POWER PLANT IN DECEMBER, EACH COMPANY OWNS 50% IN THE INVESTMENT.  Full Article

Enea And Energa To Vote In Favour Of Deal For Ostroleka Power Plant
Friday, 6 Jul 2018 

July 6 (Reuters) - ENEA SA , ENERGA SA ::SAID ON THURSDAY THEY WILL VOTE FOR THE CONCLUSION OF CONTRACT FOR OSTROLEKA POWER PLANT WITH GENERAL CONTRACTOR: CONSORTIUM OF GE POWER AND ALSTOM POWER SYSTEMS.COMPANIES INFORMED THAT THE PARTNERS' MEETING OF ELEKTROWNIA OSTROLEKA SP. Z O.O. APPROVED OFFER OF GE POWER AND ALSTOM POWER SYSTEMS TO BUILD A NEW C.1000 MW POWER BLOCK IN MARCH nL8N1RA14X.IN TENDER THREE CONSTRUCTION GROUPS SUBMITTED OFFERS TO BUILD THE POWER PLANT nL8N1OS1LV.ENEA, ENERGA SIGNED THE DEAL TO JOINTLY BUILD OSTROLEKA POWER PLANT IN DECEMBER .ENEA AND ENERGA HOLD 50 PERCENT STAKE IN OSTROLEKA POWER PLANT.  Full Article

Ostroleka Asks Energa, Enea To Consent Contract For New Block
Tuesday, 3 Jul 2018 

July 3 (Reuters) - ENERGA , ENEA ::SAID ON MONDAY THAT THEY HAVE RECEIVED A MOTION FROM THE MANAGEMENT OF ELEKTROWNIA OSTROLEKA SP. Z O.O. IN WHICH IT ASKS TO CONSENT THE 6.02 BLN ZLOTY GROSS CONTRACT WITH A CONSORTIUM LED BY GE POWER FOR THE COMPANIES' 1,000 MEGAWATT POWER PLANT IN OSTROLEKA.ENEA, ENERGA SIGNED THE DEAL TO JOINTLY BUILD OSTROLEKA POWER PLANT IN DECEMBER .  Full Article

Reversed Write-Downs On Wind Farms To Increase Energa's Net Result By 94.5 Mln Zlotys
Monday, 2 Jul 2018 

July 2 (Reuters) - Energa SA ::DECIDES TO REVERSE WRITE-DOWNS RELATING TO WIND FARMS OF TOTAL AMOUNT OF 116.6 MILLION ZLOTYS.ESTIMATED IMPACT ON CO FY 2018 NET RESULT AT 94.5 MILLION ZLOTYS.FOLLOWING THE REVERSED WRITE-DOWNS, THE BOOK VALUE OF WIND FARMS IN THE CONSOLIDATED BALANCE SHEET OF CO WILL BE AT 664.36 MILLION ZLOTYS.  Full Article

Ostroleka Power Plant Recommends GE/Alstom As New Power Unit Contractors
Monday, 26 Mar 2018 

March 26 (Reuters) - ENERGA , ENEA ::SAID ON SATURDAY THAT THE MANAGEMENT OF ELEKTROWNIA OSTROŁĘKA SP. Z O.O. (OSTROLEKA POWER PLANT) DIRECTED TO ITS SHAREHOLDERS, ENERGA <<>> AND ENEA <<>>, A MOTION TO RECEIVE APPROVAL ON CHOOSING THE OFFER OF GE POWER SP. Z O.O. AND ALSTOM POWER SYSTEM S.A.S. AS THE GENERAL CONTRACTOR FOR ITS NEW ENERGY UNIT.THE OFFER VALUE FOR NEW COAL-FUELLED UNIT IS 5.0 BILLION ZLOTYS NET.THE PLANNED CAPACITY OF THE NEW POWER UNIT IS TO BE ABOUT 1000-MEGAWATT (MW).  Full Article