Polska Grupa Energetyczna SA (OTCPK:PGPKY)
$ 4.2 0 (0%) Market Cap: 4.71 Bil Enterprise Value: 7.07 Bil PE Ratio: 0 PB Ratio: 0.32 GF Score: 80/100

Q1 2024 PGE Polska Grupa Energetyczna SA Earnings Call Transcript

May 28, 2024 / 09:00AM GMT
Release Date Price: $3.6
Unidentified Participant

(audio in progress)

Questions & Answers

Unidentified Participant

So the energy is reaching the balancing market. When can you expect this project to be fully operational? Do you know where it will be launched in full swing?

Dariusz Marzec
PGE Polska Grupa Energetyczna SA - President of the Management Board

Given that we're at the end of May, if you look for the full operational capacity and the full results, we're talking about 2025. So we'll be talking about a whole of 12 months after the launch. If we're talking about the impact on the annual results, yes, I mean, the full year will be next year. But the operational capacity will be this year, but we're talking about Q3 or Q4.

When is it going to be operational in full swing? It will be on a sequential basis, Unit 6, Unit 9. I mentioned that. Unit 9 was synchronized in Q1, and Unit 10 was synchronized five days ago, roughly.

PaweÃ…;Puchalski
Santander - Analyst

Thank you very

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