WARSAW: State railway group PKP has started analyzing binding offers for its power unit PKP Energetyka, seeing “large interest” from strategic and financial investors, and wants to complete the sale of the unit in Q4 at the latest, PKP said in a press statement.
“Large interest of investors, both strategic and financial, confirms that PKP Energetyka is a very attractive asset,” PKP managing director for privatization and supervision Slawomir Baniak said as quoted in the statement.
According to PAP Polish news agency four energy groups Tauron, PGE, Enea and Energa were participating the process. According to press reports, private equity fund CVC Capital Partners is also interested in PKP Energetyka and could offer even PLN 1.5 billion.
