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 households, businesses and institutions.
- ESRS
- SBM-1
In accordance with EFRAG’s[1] sector classification, PGE Group belongs to the sector: Electricity generation and energy services within the Energy macro-sector.
The parent company of PGE Capital Group is PGE Polska Grupa Energetyczna S.A. (also “PGE S.A.”, “PGE”, the “Company”). PGE Group organizes its activities in nine operating segments:
The core business of the segment includes electricity generation from renewable sources and in pumped-storage power plants.
The core business of the segment includes electricity generation from gas-fired sources.
Core business of the segment includes extraction of lignite, production of electricity and heat from conventional sources.
The core business of the segment includes production of electricity and heat in cogeneration sources as well as transmission and distribution of heat
The core business of the segment includes supply of electricity to final off-takers through the grid and HV, MV and LV infrastructure.
The segment’s main activities are the distribution and sale of electricity to railway operators and customers functioning within the railway system, the sale of fuels, as well as the maintenance and modernisation of overhead contact line network, together with other auxiliary services.
The 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, energy certificates and fuels and provision of services of the Corporate Centre to companies from the PGE Group.
The activities of the segment include the provision of comprehensive services in the field of management of combustion by-products („UPS”), provision of services in auxiliary areas for electricity and heat producers and the supply of materials based on UPS.
Other operations include provision of services, through the subsidiaries, to PGE Capital Group, which include organisation of capital raising in form of Eurobonds (PGE Sweden), provision of IT services and investing in start-ups. Additionally, within the segment there are part of project companies of the Group.
[1] EFRAG – the European Financial Reporting Advisory Group.