Profil:
PGE SAPGE assumes inflow of PLN 150 bln to domestic companies as strategy implementation result
Listed power utility PGE assumes that the implementation its newly announced strategy by 2035 will result in an inflow of PLN 150 billion (EUR 35.2 bln) to companies in the Polish supply chain, PGE said in a press release.
"One of the outcomes of the new PGE's strategy implementation will be an inflow of PLN 150 billion to companies in the domestic supply chain (local content), enabling long-term support for their growth," PGE assessed in the press release.
PGE's strategy by 2035 assumes total capital expenditures of PLN 235 billion (EUR 55.1 bln), including PLN 175 billion (EUR 41.1 bln) for development and maintenance, PLN 39 billion (EUR 9.15 bln) for acquisitions and PLN 21 billion (EUR 4.9 bln) for additional investment options.
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