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PGE Polska Grupa Energetyczna SA Value Stock - Dividend - Research Selection

Pge polska grupa energetyczn

ISIN: PLPGER000010 , WKN: A0YC19

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Description of the company

PGE Polska Grupa Energetyczna S.A. engages in the production, transmission, and distribution of electricity in Poland. The company operates through four segments: Conventional Generation, Renewables, Supply, and Distribution. It generates electricity from fossil fuels comprising lignite, hard coal, and natural gas, as well as renewable energy sources, such as hydro, wind, biomass, and photovoltaic. The company operates 4 conventional power plants; 8 CHP plants; 14 wind farms; 1 photovoltaic power plant; 29 run-of-river hydro power plants; and 4 pumped-storage power plants, including 2 with natural flow. It produces, transmits, and distributes heat; sells and purchases electricity and gas on wholesale market; trades in CO2 allowances and energy certificates; and purchases and supplies fuels, as well as sells electricity and provides services to end users. The company supplies power to approximately 5 million households, businesses, and institutions. The company was founded in 2007 and is based in Warsaw, Poland.

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