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Tauron Polska Energia SA (TPE.WA)

TPE.WA on Warsaw Stock Exchange

2.11PLN
11 Dec 2018
Change (% chg)

-0.13zł (-5.80%)
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Latest Key Developments (Source: Significant Developments)

Tauron Signs Agreements With EBI Regarding Hybrid Financing
4:23pm GMT 

Dec 11 (Reuters) - TAURON POLSKA ENERGIA SA ::SIGNS AGREEMENTS WITH EUROPEAN INVESTMENT BANK (EBI) REGARDING HYBRID FINANCING.SIGNS SUBSCRIPTION AGREEMENT REGARDING BOND ISSUE OF TOTAL NOMINAL VALUE OF 400 MILLION ZLOTYS.SIGNS PROJECT AGREEMENT DEFINING REQUIREMENTS OF FINANCING INVESTMENT TASK.BOND PROCEEDS TO COVER EXPENSES OF TAURON DYSTRYBUCJA RELATED TO DEVELOPMENT, MODERNISATION OF INFRASTRUCTURE BETWEEN 2018-2022.TO ISSUE 12-YR BONDS OF ONE SERIES ON DEC. 17, BONDS TO BE ACQUIRED BY EBI WITHIN OPERATIONS BY THE EUROPEAN FUND FOR STRATEGIC INVESTMENTS.  Full Article

Tauron Estimates 2022 Capacity Market Revenue At 82.5-92.8 Mln Zlotys
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Tauron Polska Energia SA ::ESTIMATES 2022 CAPACITY MARKET REVENUE BETWEEN 82.5 MILLION ZLOTYS AND 92.8 MILLION ZLOTYS.ESTIMATION IS CONNECTED WITH CLOSING PRICE OF CAPACITY MARKET AUCTION SET IN THE RANGE OF 195.28 TO 219.66 ZLOTYS PER KW/YEAR.  Full Article

Tauron Is Initially Interested In Selling Its Stake In PGE EJ1
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Tauron Polska Energia SA ::SAYS IS INITIALLY INTERESTED IN SELLING ALL ITS 10 PERCENT STAKE IN PGE EJ1 SP. Z O.O. (PGE EJ1).PGE EJ1 SP. Z O.O. IS RESPONSIBLE FOR NUCLEAR PLANT PROJECT IN POLAND.ON NOV. 28 PGE <<>> EXPRESSED INTEREST IN BUYING REMAINING SHARES IN PGE EJ1 nFWN1Y30AR.  Full Article

Tauron Prelim. Q3 Net Profit At 286 Million Zlotys
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - TAURON POLSKA ENERGIA SA ::PRELIM Q3 NET PROFIT 286 MILLION ZLOTYS.PRELIM Q3 EBITDA 778 MILLION ZLOTYS ON REVENUE OF 4.48 BILLION ZLOTYS.Q3 CAPEX AT 844 MILLION ZLOTYS, NET DEBT AS OF SEPT 30 AT 8.17 BILLION ZLOTYS.PRELIM Q3 COAL PRODUCTION AT 1.1 MILLION TONNES, COAL SALES AT 1.04 MILLION TONNES, ELECTRICITY PRODUCTION AT 4.35 TWH.PRELIM Q3 ENERGY DISTRIBUTION AT 12.83 TWH, RETAIL SALES OF ENERGY AT 8.17 TWH.Q3 RESULTS AFFECTED AMONG OTHERS BY LOWER VOLUME OF COAL PRODUCTION AND HIGHER COST OF RESERVE RELATED TO CO2 EMISSION CERTIFICATES.Q3 REPORT IS DUE ON NOV. 6.  Full Article

Tauron Invited To Negotiations To Buy Wind Farms
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - TAURON POLSKA ENERGIA SA ::SAYS WAS INVITED TO START NEGOTIATIONS REGARDING ACQUISITION OF WIND FARMS OF IN.VENTUS GROUP IN NORTHERN POLAND.  Full Article

Mostostal Warszawa 66.1 Mln Zloty Gross Offer Chosen Most Favourable
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - MOSTOSTAL WARSZAWA SA ::ITS 66.1 MILLION ZLOTY GROSS OFFER CHOSEN MOST FAVOURABLE IN TENDER OFFER.THE OFFER IS FOR WORKS ON A BLOCK 10 IN TAURON WYTWARZANIE SA <<>> POWER PLANT.  Full Article

Tauron says improving mining unit results in 2018 will be a challenge
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Tauron Polska Energia SA ::POLAND'S UTILITY TAURON CFO SAYS IT WILL BE A CHALLENGE FOR THE MINING SEGMENT TO REPEAT 2017 EBITDA AND OUTPUT THIS YEAR."IN THE SECOND HALF OF THE YEAR WE EXPECT THE SITUATION TO IMPROVE (IN THE MINING SEGMENT), HOWEVER REACHING THE OUTPUT AS WELL AS EBITDA FROM LAST YEAR WILL BE A CHALLENGE," TAURON CFO, MAREK WADOWSKI TOLD A NEWS CONFERENCE ON THURSDAY..EARLIER ON THURSDAY TAURON REPORTED THAT ITS NET PROFIT IN THE FIRST HALF OF 2018 FELL TO 567 MILLION ZLOTYS FROM 1 BILLION ZLOTYS A YEAR AGO. nFWN1VD0GF.  Full Article

Poland's Tauron expects CO2 emission costs to rise and hit results
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Tauron Polska Energia SA ::POLAND'S STATE-RUN UTILITY TAURON, WHICH GENERATES ELECTRICITY MOSTLY FROM COAL, EXPECTS CO2 EMISSION COSTS TO RISE IN THE SECOND HALF OF THIS YEAR AND IN 2019, THE COMPANY'S CHIEF FINANCIAL OFFICER SAID ON THURSDAY.."WE EXPECT CO2 PRICES TO BE HIGHER NEXT YEAR. THIS COULD HAVE A NEGATIVE IMPACT ON OUR RESULTS. MUCH WILL DEPEND ON HOW WE SHAPE OUR HEDGING POLICY," MAREK WADOWSKI TOLD A NEWS CONFERENCE. ."WE EXPECT THAT CO2 EMISSION COSTS IN THE SECOND HALF OF THIS YEAR COULD BE TWICE AS HIGH AS IN THE FIRST HALF," WADOWSKI ALSO SAID. .  Full Article

Poland's Tauron H1 Net Profit 567.0 Million Zlotys
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Tauron Polska Energia SA ::H1 NET PROFIT 567.0 MILLION ZLOTYS VERSUS 1.0 BILLION ZLOTYS YEAR AGO.H1 REVENUE 9.2 BILLION ZLOTYS VERSUS 8.76 BILLION ZLOTYS YEAR AGO.Q2 EBITDA 901.6 MILLION ZLOTYS.COMPANY ESTIMATED EARLIER H1 NET PROFIT AT 563 MILLION ZLOTYS nFWN1UT10M.  Full Article

Tauron Prelim. Q2 Net Loss At 74 Mln Zlotys, Results Hit By Write-Downs
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - TAURON POLSKA ENERGIA SA ::POLAND'S TAURON SAYS PRELIM. Q2 NET LOSS OF 74 MILLION ZLOTYS, Q2 REVENUE AT 4.38 BILLION ZLOTYS.Q2 EBITDA AT 895 MILLION ZLOTYS.Q2 CAPEX AT 912 MILLION ZLOTYS, H1 CAPEX AT 1.48 BILLION ZLOTYS, .Q2 ENERGY GROSS PRODUCTION 3.62 TWH, DISTRIBUTION OF ENERGY IN Q2 AT 12.59 TWH.Q2 RESULTS AFFECTED BY WRITE-DOWNS AND FINANCIAL COSTS FROM DISCREPANCIES IN EXCHANGE RATES.H1 PRELIM NET PROFIT AT 563 MILLION ZLOTYS ON REVENUE OF 9.20 BILLION ZLOTYS.H1 PRELIM EBITDA AT 2.19 BILLION ZLOTYS.  Full Article

UPDATE 1-Poland expects first nuclear power plant to start in 2033

WARSAW, Nov 23 Poland's first nuclear power plant is expected to start operating in 2033 - if the project gets a green light from the government, the Energy Ministry said on Friday.