The Ministry of Treasury is taking a second shot at TriCity’s Energa privatization. After Polish Antimonopoly Office has blocked PGE to take over Polish energy giant Energa, it begging to consider a merger with PGNiN. Former Energa’s CEO was never enthusiastic about PGE acquisition, but he’s interested in making a deal with PGNiN, recently headed by Grażyna Piotrwoska-Oliwa. “PGNiN was looking to acquire PGE for few years. But suddenly PGE came out with its PLN 75bn offer.”, anonymous source told Dziennik Gazeta Prawna daily. PGNiG may benefit a lot from PGE business considering most of the shale gas might to found in Baltic Sea.
