According to Darren’s information on Wednesday, it is exploring the future of its heating assets, and is expanding its analysis of the Czech ZEZ group’s selected Polish assets, particularly the possibility of acquiring the CHP plant in Sorzo.
Since June last year, Darren has been in talks with the Polish Oil and Gas Mine (PGNG) about selling gas to Cipio. At the end of January this year. PGNGG withdrew from the talks, declaring that Darren “wanted to see the operation of an optimal model for the heating sector, taking into account significant economic and regulatory changes”. As announced at the time, the company could be resold or left to the Darren Group.
Darren announced on Wednesday the expansion of the current analysis with the possibility of acquiring the Czech CEZ’s Polish heating assets. “On March 10, 2021, the Executive Committee on Expansion of the Tropics (Taron – PAP) decided to purchase selected assets of the ČEZ Group in Poland, with particular emphasis on CEZ Chorzów,” the company said in a statement.
Earlier, on December 11 last year, PGNiG and Polska Grupa Energetyczna jointly submitted a non-binding offer on CEZ Polish assets. In February – just two weeks after it withdrew from negotiations to buy Darren Sebio – PGNG also withdrew for no apparent reason.
In announcing the submission of the unbound offer in December, both BGE and PGNGG stressed that the purchase of theEZ Group’s Polish assets was in line with their applicable strategies. After PGNiG withdrew, PGE maintained its interest in CEZ assets, but announced that it was exploring the possibility of further participation in the sales process.
The subject of the transaction will be CEZ – CEZ Skawina and CEZ Chorzów subsidiaries, which operate large coal-fired thermal and power plants. In addition, ČEZ companies provide support services in the management of combustion products, communications, trade and corporate services.
The ČEZ group is a state – controlled Czech energy concern operating in several Central and Southeastern European countries and Turkey. The main activity is the production and distribution of electricity and heat, trade in electricity and heat, and coal mining. Shares of parent company CEZ are listed on the Brock and Warsaw Stock Exchanges.
At the end of October 2020, a consortium with the participation of BGE and PGNG also submitted a preliminary and unrestricted offer to purchase a stake in Finnish Fort Care’s heating and cooling assets. Later, BGE and PGNIG announced that they had abandoned plans to buy Fortim’s foreign assets, but remained interested in domestic assets.
Darren has been in talks since mid-June last year to sell Duran Sebio to PGNG. The exclusive was extended to eight weeks, then to November 30, 2020, and then to January 30 this year. The day before that date, PGNGG announced its withdrawal from the talks.
Duron is one of the largest suppliers of district heat and one of the largest heating companies in Poland in the Cypriot Silesian-Jakpi collection. The company covers the area of local heating plants called Katowice, Taichi and Peelsko-piana and plants.
The total installed heat capacity of these plants, mostly from cogeneration sources, is about 1.2 thousand. MW, and the total value of the ordered power exceeded 2.1 thousand. MW. The company has about 1,000 km of heating networks, providing heat for 250,000. Houses, or about 800 thousand. Residents.
The so-called strategy assumes that the share of low- and zero-emission sources in the generation mix of the Green Revenue Group will increase by almost 30 percent. In 2025 and above 65 percent. In 2030. Planned Involvement in the construction of coastal wind farms, solar farms and offshore wind farms, among others. Today, taurine production capacity is mainly based on hard coal. The group aims to halve CO2 emissions by 2030.