Profil:
PGE SAPGE undertakes to acquire 100 pct stake in PGE PAK EJ, inks promised agreement with ZE PAK
Listed power utility PGE and listed power group ZE PAK have fulfilled the condition precedent and signed the promised agreement, allowing PGE to purchase 50 percent of shares from ZE PAK in the companies' nuclear power special purpose vehicle PGE PAK Energia Jadrowa, the groups announced in market filings.
"The management board of PGE discloses that on October 17, 2025, the company signed with ZE PAK the share purchase agreement for the sale by ZE PAK of 50 percent shares in PGE PAK Energia Jadrowa to PGE," PGE wrote in the market filing.
The company added that the acquisition of shares shall take effect as of making an entry in the register of shareholders.
In January this year, PGE concluded a term sheet with ZE PAK regarding a potential transaction involving the acquisition by PGE of 50 percent stake in ZE PAK's and PGE's nuclear power special purpose vehicle PGE PAK Energia Jadrowa, and 100 percent of shares in PAK CCGT, implementing a gas project at the Adamow Power Plant.
PGE PAK Energia Jadrowa is a nuclear energy SPV, established in 2023 jointly by PGE and ZE PAK to carry out preparatory work for the possible construction of a nuclear power plant in the Konin region with a total capacity of 2.8 GW. Each owner holds a 50 percent stake in the entity.
han/ ao/
