PROCUREMENT OF TERMS OF CONNECTION FOR AN OFFSHORE WIND FARM BY A SUBSIDIARY COMPANY

The Management Board of Polenergia S.A., acting pursuant to Art. 17.1 of Regulation of the European Parliament and Council (EU) No. 596/2014  on market abuse and repealing Directive 2003/6/EC of the European Parliament and Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (Journal of Laws of the European Union L of 2014, No. 173, p. 1 as amended) hereby informs that on January 28 2018, it received information that Polskie Sieci Elektroenergetyczne S.A. (“PSE”) in response to the application of MFW Bałtyk II Sp. z o.o., specified the terms of connection for offshore wind farm Bałtyk Środkowy II.

In line with the received terms of connection, the possibility of connecting offshore wind farm with a total capacity of 240 MW was scheduled. The terms of connection define the investments on the side of MFW Bałtyk II Sp. Z o.o. and PSE, the performance of which is necessary to ensure connection and power off-take point from the planned offshore wind farm, along with the necessary scope of arrangements of such investments with the President of the Energy Regulatory Office.

Receipt of the discussed terms of connection for the Bałtyk Środkowy II offshore wind farm entails the possibility of increasing the total capacity of offshore wind farms developed by MFW Bałtyk II Sp. z o.o. and MFW Bałtyk III Sp. z o.o. from 1200 MW to 1440 MW.