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RESULT OF RENEWABLE ENERGY SALES AUCTION...

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RESULT OF RENEWABLE ENERGY SALES AUCTION OF NOVEMBER 5, 2018

21/11/2018 17:49

Current report 42/2018

The Management Board of Polenergia S.A. (‘Issuer’), acting pursuant to Art. 17 (1) of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ L 173, 2014, p. 1, as amended), hereby announces that on 21st November 2018 it learnt of the results of the auction for the sale of energy from renewable energy sources, carried out on 5th November 2018 (‘Auction’).

The Auction was attended by the Issuer’s subsidiaries developing wind farm projects with a total capacity of 199 MW. The Issuer’s subsidiaries did not get qualified as producers whose offers won the Auction, and thus the result of the Auction is negative for the above-mentioned companies.

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