Opublikowano 27 March 2026
The Management Board of the company Polenergia S.A. (“Issuer”), with reference to the current report No. 72/2025 dated 31 December 2025, announces that the Issuer’s subsidiary, Polenergia Farma Fotowoltaiczna 13 sp. z o.o., (“FF13” or “Beneficiary”) made a decision to refrain from seeking corporate approvals for the execution of an agreement with the National Fund for Environmental Protection and Water Management (“NFOŚiGW“) for co-financing of the project named “Construction of the Szprotawa energy storage facility together with the required technical infrastructure” under the priority program “Electric energy storage and related infrastructure for improving the stability of the Polish power grid” (“Agreement”)(“Project“).
The Agreement was entered into subject to the condition that unless the Beneficiary presents the corporate approvals obtained for entering into the agreement or for incurring the obligation by 31 March 2026, the Agreement shall be terminated. In view of the decision not to apply for corporate approvals and not to submit them to the National Fund for Environmental Protection and Water Management, the Agreement will be terminated.
The abovementioned decision was made based on the investment criteria adopted for new projects, it is also the result of identified regulatory risks that affect the project’s profitability, as well as the lack of realistic prospects for obtaining favorable connection terms. Despite this decision, the Issuer remains actively focused on developing the remaining part of its energy storage portfolio, guided by the aforementioned investment criteria, including a clearly defined profile of expected returns on investment.
legal basis: Article 17(1) of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council dated 16 April 2014 on market abuse (the Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, as amended.
Issuer’s Management Board
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