Fortum's deal of two Polish power and heat companies, Elektrociepłownia Zabrze
S.A and Zespół Elektrociepłowni Bytom S.A., was completed today, as the Polish
Anti-Monopoly Office issued their agreement for it. According to the agreement,
Fortum will acquire 85% of shares of the Polish power and heat companies for
approximately EUR 20.6 million and change the names of the companies to Fortum
Bytom S.A and Fortum Zabrze S.A. The companies are sold as part of the
privatisation of the power and heat sector in Poland.
EC Zabrze and ZEC Bytom are among the main producers of heat for local
municipalities in the Silesia region of southern Poland. Total combined heat
sales of the companies is 930 gigawatt-hours annually (GWh/a) and electricity
sales 260 GWh/a. Production is mainly coal-fired.
The acquisition significantly increases Fortum's power production capacity in
Poland. Moreover, Fortum will gain the access to the second largest heat market
in Poland with 2.3 million citizens living in 21 municipalities in the region.
Mikael Lemström, Vice President, Fortum Heat Division, Poland, Tel. +48 60 490
Izabela Van den Bossche, Head of Communications, Fortum Heat Division, Poland,
Tel. +48 69 220 9428