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{{Infobox company
{{Infobox company
| name = PKP Energetyka<br />S.A.
| name = PGE Energetyka Kolejowa<br />S.A.
| logo = Pkpenergetyka.png
| logo =
| type = [[Ltd.]]
| type = [[S.A. (corporation)|Spółka akcyjna]]
| slogan =
| slogan =
| foundation = 2001
| foundation = 2001
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| homepage = [https://pgeenergetykakolejowa.pl/ www.pgeenergetykakolejowa.pl]
| homepage = [https://pgeenergetykakolejowa.pl/ www.pgeenergetykakolejowa.pl]
}}
}}
'''PKP Energetyka S.A.''' is the cross-country electricity distributor to the [[Rail transport in Poland|Polish railway network]] and other business customers. It also provides nationwide maintenance and emergency response services to the railway network, operates fuel stations for diesel locomotives and is active in electricity and gas reselling. It owns 20,000 km of distribution network and operates a fleet of highly specialised trains and rail equipment across Poland.
'''PGE Energetyka Kolejowa S.A.''', until 2023 '''PKP Energetyka S.A.''' is the cross-country electricity distributor to the [[Rail transport in Poland|Polish railway network]] and other business customers. It also provides nationwide maintenance and emergency response services to the railway network, operates fuel stations for diesel locomotives and is active in electricity and gas reselling. It owns 20,000 km of distribution network and operates a fleet of highly specialised trains and rail equipment across Poland.


It was created as the result of the division of [[Polskie Koleje Państwowe]] (Poland's state-owned railway company) into several dozen companies to prepare the ground for privatisation in line with advice that the Polish government had received from the [[World Bank]].
It was created in 2001 as the result of the division of [[Polskie Koleje Państwowe]] (Poland's state-owned railway company) into several dozen companies to prepare the ground for privatisation in line with advice that the Polish government had received from the [[World Bank]].


PKP SA originally planned to privatise PKP Energetyka in 2011.<ref>{{cite news|url=http://www.railwaygazette.com/nc/news/single-view/view/bombardier-buys-pkp-stake-in-signalling-venture.html|accessdate=2011-02-27|title=Railway Gazette: Bombardier buys PKP stake in signalling venture|newspaper=Railway Gazette International}}</ref> and sold it to [[CVC Capital Partners]] for 1.965 billion PLN (~525 million USD) in September 2015.<ref>{{Cite news|url=https://www.reuters.com/article/cvc-poland-idUSL5N11L1UZ20150915|title=CVC targets another Poland buy after PKP Energetyka purchase|date=2015-09-15|newspaper=Reuters|access-date=2016-09-21}}</ref>
[[PKP Group]] originally planned to privatise PKP Energetyka in 2011,<ref>{{cite news|url=http://www.railwaygazette.com/nc/news/single-view/view/bombardier-buys-pkp-stake-in-signalling-venture.html|accessdate=2011-02-27|title=Railway Gazette: Bombardier buys PKP stake in signalling venture|newspaper=Railway Gazette International}}</ref> and sold it to [[CVC Capital Partners]] for 1.965 billion PLN (~525 million USD) in September 2015.<ref>{{Cite news|url=https://www.reuters.com/article/cvc-poland-idUSL5N11L1UZ20150915|title=CVC targets another Poland buy after PKP Energetyka purchase|date=2015-09-15|newspaper=Reuters|access-date=2016-09-21}}</ref>

In late 2022, it was reported that the Polish [[Law and Justice (Poland)|PiS]] government might buy back PKP Energetyka from [[CVC Capital Partners]].<ref>{{cite news | url=https://www.reuters.com/markets/deals/poland-close-buying-pkp-energetyka-cvc-capital-partners-ruling-party-leader-2022-10-12/ | title=Poland close to buying PKP Energetyka from CVC Capital Partners -ruling party leader | newspaper=Reuters | date=12 October 2022 }}</ref> On 28 December 2022, [[PGE Polska Grupa Energetyczna]] signed a preliminary agreement with the CVC Fund to purchase 100% of shares in PKPE Holding sp. z o.o. which owns 100% of shares in PKP Energetyka S.A.<ref>{{Cite web |title=PKP Energetyka wraca w polskie ręce - Ministerstwo Infrastruktury - Portal Gov.pl |url=https://www.gov.pl/web/infrastruktura/pkp-energetyka-wraca-w-polskie-rece |access-date=2023-05-12 |website=Ministerstwo Infrastruktury |language=pl-PL}}</ref> On 3 April 2023, PGE Polska Grupa Energetyczna acquired from the CVC Fund 100% of shares in PKPE Holding sp. z o.o. thus closing the purchase transaction of PKP Energetyka S.A.<ref>{{Cite web |last=S.A |first=PGE Systemy |title=Zamknięcie transakcji nabycia 100% udziałów w PKPE Holding przez PGE Polską Grupę Energetyczną |url=https://www.gkpge.pl/grupa-pge/dla-mediow/komunikaty-prasowe/korporacyjne/zamkniecie-transakcji-nabycia-100-udzialow-w-pkpe-holding-przez-pge-polska-grupe-energetyczna |access-date=2023-05-12 |website=www.gkpge.pl |language=pl-PL}}</ref> On 4 April 2023, the company's name was changed from PKP Energetyka to PGE Energetyka Kolejowa.<ref>{{Cite web |last=S.A |first=PGE Systemy |title=PGE Polska Grupa Energetyczna powiększyła się o segment energetyki kolejowej |url=https://www.gkpge.pl/grupa-pge/dla-mediow/komunikaty-prasowe/korporacyjne/pge-polska-grupa-energetyczna-powiekszyla-sie-o-segment-energetyki-kolejowej |access-date=2023-05-12 |website=www.gkpge.pl |language=pl-PL}}</ref>


In late 2022, it was reported that the Polish Pis government might buy PKP Energetyka back from [[CVC Capital Partners]].<ref>{{cite news | url=https://www.reuters.com/markets/deals/poland-close-buying-pkp-energetyka-cvc-capital-partners-ruling-party-leader-2022-10-12/ | title=Poland close to buying PKP Energetyka from CVC Capital Partners -ruling party leader | newspaper=Reuters | date=12 October 2022 }}</ref>
== See also ==
== See also ==
* [[Transportation in Poland]]
* [[Transportation in Poland]]
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[[Category:PKP Group companies]]
[[Category:PKP Group companies]]
[[Category:Energy companies of Poland]]
[[Category:Energy companies of Poland]]
[[Category:Polish Joint-stock companies]]
[[Category:CVC Capital Partners companies]]


{{poland-rail-transport-stub}}
{{poland-rail-transport-stub}}

Latest revision as of 20:09, 22 June 2024

PGE Energetyka Kolejowa
S.A.
Company typeSpółka akcyjna
IndustriePower distribution, Rail transport
Gegründet2001
HauptsitzWarsaw, Poland
Key people
Wojciech Orzech
CEO
Revenue688,000,000 Euro (2018) Edit this on Wikidata
40,300,000 Euro (2018) Edit this on Wikidata
Number of employees
5,900 (2016)
Websitewww.pgeenergetykakolejowa.pl

PGE Energetyka Kolejowa S.A., until 2023 PKP Energetyka S.A. is the cross-country electricity distributor to the Polish railway network and other business customers. It also provides nationwide maintenance and emergency response services to the railway network, operates fuel stations for diesel locomotives and is active in electricity and gas reselling. It owns 20,000 km of distribution network and operates a fleet of highly specialised trains and rail equipment across Poland.

It was created in 2001 as the result of the division of Polskie Koleje Państwowe (Poland's state-owned railway company) into several dozen companies to prepare the ground for privatisation in line with advice that the Polish government had received from the World Bank.

PKP Group originally planned to privatise PKP Energetyka in 2011,[1] and sold it to CVC Capital Partners for 1.965 billion PLN (~525 million USD) in September 2015.[2]

In late 2022, it was reported that the Polish PiS government might buy back PKP Energetyka from CVC Capital Partners.[3] On 28 December 2022, PGE Polska Grupa Energetyczna signed a preliminary agreement with the CVC Fund to purchase 100% of shares in PKPE Holding sp. z o.o. which owns 100% of shares in PKP Energetyka S.A.[4] On 3 April 2023, PGE Polska Grupa Energetyczna acquired from the CVC Fund 100% of shares in PKPE Holding sp. z o.o. thus closing the purchase transaction of PKP Energetyka S.A.[5] On 4 April 2023, the company's name was changed from PKP Energetyka to PGE Energetyka Kolejowa.[6]

See also

[edit]

References

[edit]
  1. ^ "Railway Gazette: Bombardier buys PKP stake in signalling venture". Railway Gazette International. Retrieved 2011-02-27.
  2. ^ "CVC targets another Poland buy after PKP Energetyka purchase". Reuters. 2015-09-15. Retrieved 2016-09-21.
  3. ^ "Poland close to buying PKP Energetyka from CVC Capital Partners -ruling party leader". Reuters. 12 October 2022.
  4. ^ "PKP Energetyka wraca w polskie ręce - Ministerstwo Infrastruktury - Portal Gov.pl". Ministerstwo Infrastruktury (in Polish). Retrieved 2023-05-12.
  5. ^ S.A, PGE Systemy. "Zamknięcie transakcji nabycia 100% udziałów w PKPE Holding przez PGE Polską Grupę Energetyczną". www.gkpge.pl (in Polish). Retrieved 2023-05-12.
  6. ^ S.A, PGE Systemy. "PGE Polska Grupa Energetyczna powiększyła się o segment energetyki kolejowej". www.gkpge.pl (in Polish). Retrieved 2023-05-12.
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