KGHM Polska Miedź and TAURON Wytwarzanie, a subsidiary of TAURON Polska Energia, set up a special purpose vehicle (SPV) under the name of Elektrownia Blachownia Nowa on September 5. The SPV will carry out the complete implementation of the investment project that will include preparing, constructing and operating an approx. ...

Agreement signed by five Polish companies – PGNiG, ENEA, KGHM Polska Miedź, PGE and TAURON Polska Energia should accelerate exploration of shale gas in Poland. According to the agreement, estimated expenditures on exploration, evaluation and extraction of shale gas at the first three pad locations – Kochanowo, Częstkowo and Tępcz will amount to PLN 1.72 billion and the first gas flow from the joint project is expected in 2016.

On 3 July TAURON Polska Energia signed PLN 900 million loan agreement with European Investment Bank (EIB)

On 29 June TAURON Polska Energia signed agreement to increase the value of the Company’s bond issue program by PLN 2.75 bn. Thanks to the agreement, TAURON will be able to issue bonds in tranches until mid-December 2017. Funds obtained from the bond issue will be allocated to finance investment program and cover general corporate expenses.

TAURON Ekoenergia of the TAURON Group signed agreement for construction of 40 MW Wicko wind farm together with turbine supply. The agreement was signed on 29 June with Aldesa, who was selected in a tender procedure.

As part of Heat Segment development in the TAURON Group, on 30 April a merger of companies TAURON Ciepło S.A. (acquiring company) and Elektrociepłownia Tychy S.A., Elektrociepłownia EC Nowa Sp. z o.o. and Energetyka Cieplna w Kamiennej Górze Sp. z o.o. was registered in the National Court Register.

Elektrociepłownia Tychy from the TAURON Group signed agreement with Narodowy Fundusz Ochrony Środowiska i Gospodarki Wodnej (National Fund for Environmental Protection and Water Management) concerning subsidy for the project of emission reduction by modernization of a heating unit.

TAURON Dystrybucja opened a new 110/20 kV electrical substation – Brochocin. It will receive electricity generated at Modlikowice and Łukaszów wind farms located in Lower Silesia.

TAURON Ekoenergia signed agreement for construction of 82 MW wind farm in Marszewo, including supply and installation of wind turbines. The agreement was signed on 19 January with Iberdrola who won the tender procedure.

On 19 January TAURON Wytwarzanie signed agreement with the Ministry of Economy (who is the intermediary institution for the Infrastructure and Environment 2007-2013 Operational Program) for subsidy for construction of biomass-fired boiler at a RES unit of Elektrownia Jaworzno III – Elektrownia II.

TAURON Polska Energia signed, on 13 December, the final agreement regarding the acquisition of 99.98% shares in Górnośląski Zakład Elektroenergetyczy (GZE) from Vattenfall AB.

On 28 October TAURON Polska Energia and seven banks signed agreement to increase by PLN 3 bn the PLN 1.3 bn bond issue program concluded in December last year. Now the bond issue program totals PLN 4.3 bn.

TAURON Polska Energia obtained two preferential loans totaling over PLN 510 million from European Investment Bank (EIB). The funds will be used to for execution of two investment projects in the generation segment.

On 7 October TAURON Polska Energia, as one of the shareholders, joined the SPV called Pierwiastki i Surowce Krytyczne Sp. Z o.o. (Rare Elements and Resources LTD). The newly established company will be a platform for cooperation in research on the best technologies for solar panels production. ...

Lipniki is a state-of-the-art wind farm commissioned in July 2011, located in South-West part of Opole province, in the territory of Kamiennik commune (Nysa district). The farm consists of 15 wind turbines, its total capacity equals 30.75 MW, maximum capacity of a single turbine is 2.05 MW. ...