PGE Polska Grupa Energetyczna S.A.
Capital Group of PGE Polska Grupa Energetyczna S.A. (“PGE Capital Group”, the “Capital Group”, “PGE Group”, the “Group”) is the largest vertically integrated producer of electricity and heat in Poland. With a mix of own fuel sources, generation assets and distribution network, PGE Group provides a safe and reliable supply of electricity to more than five million households, businesses and institutions.
The parent company of PGE Capital Group is PGE Polska Grupa Energetyczna S.A. (also “PGE S.A.”, “PGE”, the “Company”, the “Issuer”). PGE Group in 2018 organized its activities in five business segments:
CONVENTIONAL GENERATION Core business of the segment includes extraction of lignite, production of electricity and heat from conventional sources. Rybnik power plant, formally being part of PGE Energia CiepłaS.A. holding, due to character of its operations, has been included in Conventional Generation.
DISTRICT HEATING Core business of the segment includes production of electricity and heat from conventional sources as well as transmission and distribution of heat.
RENEWABLES Core business of the segment includes electricity generation from renewable sources and in pumped-storage power plants and provision of ancillary services.
SUPPLY Core business of the segment includes wholesale trading of electricity on domestic and international market, sale of electricity to final off-takers, trading of CO2 allowances and energy certificates and fuels and provision of services of the Corporate Centre to companies from the PGE Group.
DISTRIBUTION Core business of the segment includes supply of electricity to final off-takers through the grid and HV, MV and LV infrastructure.
OTHER OPERATIONS Other operations include services, through the subsidiaries, to PGE Group, which includes organisation of capital raising in form of Eurobonds, provision of IT, payroll and HR services and transportation services. Its activities also include subsidiaries formed to prepare and implement a project to build a nuclear power plant, to manage investment funds and to invest in start-ups.
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Activities in value chain
Member Id: 1485
This member datasheet was last updated on : 15.10.2019Modify this member datasheet