Enea to buy 85pct in heat distributor MPEC Bialystok
May 27, 2014
Enea power utility’s generation unit Enea Wytwarzanie will purchase 85% in heat distributor MPEC Bialystok, the company said in a press statement.
Enea already controls the Bialystok heat and power plant.
"Merging with the heat network will translate into an increase in value of the power plant," the company said in the press statement. "We estimate it will produce 20-25% more electricity and heat, we will also receive 25% more 'red certificates'."
The transaction has to be approved by the antitrust watchdog UOKiK.