PKN ORLEN S.A. informed that on 31 August 2021 it concluded with ENERGA S.A. an agreement regarding financing of building of gas power plant in Grudziadz. In the event of an investment decision regarding the Project, PKN ORLEN declared in the Agreement to finance up to 100% of the Project CAPEX, but not higher than PLN 1,8 bn, under the condition that CCGT Grudziadz Sp. z o.o. will sign the capacity agreement. Covering of indicated CAPEX will take place through the provision of cash to ENERGA S.A. or the company CCGT Grudziadz Sp. z o.o. for equity or foreign capital. The Agreement specifies also the principles of supervision over the company CCGT Grudziadz Sp. z o.o. and managing of the Project.PKN ORLEN holds 90,92% of ENERGA S.A. shares that entitle to 93,28% of the total votes at the ENERGA S.A. general meeting of shareholders. ENERGA S.A. holds 100% of the shares in CCGT Grudziadz Sp. z o.o.