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Investment strategy

In 2015, the strategy for 2014-2020 was updated, which identifies e.g. guaranteeing supplies of fuels for own generating assets. The strategy update did not affect the level of investments planned in 2015. However, in Q4 2015 Enea SA purchased a block of shares in LW Bogdanka totalling to 64.57% of the share capital. After incorporation of LW Bogdanka into Enea CG within the segment of Mining, the expenditures in the total amount of PLN 51.1 mln were demonstrated (expenditures made in November and December 2015). The capital expenditures incurred in 2015 grew yoy by PLN 288.6 mln.

Capital expenditures [PLN mln]20142015Change %2016 Plan
Mining - 51.1 - 437.9
Generation 1 845.6 1 954.9 5.9% 1 969.5
Unit 11 1 096.8 1 385.8 26.3% 1 211.8
RES 13.1 94.3 619.8% 298.8
Distribution 825.7 925.1 12.0% 847.7
Support and other 91.6 120.4 31.4% 155.1
TOTAL 2 762.9 3 051.5 10.4% 3 410.2
 

Capital expenditures