The Management Board of Cyfrowy Polsat S.A. (the “Company”) reports that on July 17, 2025, in the capacity market catch-up auction for 2029, a total of 44 MW of capacity obligation was contracted for Biopaliwa i Wodór Sp. z o.o. („BiW”), a company from Cyfrowy Polsat S.A. Capital Group (with a 17- year capacity contract).
The contract pertains to a new biomass unit, which will be developed based on the modernization of a facility previously used for lignite coal energy production. BiW has successfully completed a similar modernization in the past.
The auction was concluded in the first round with a price range from 492.09 PLN/kW/year to 536.80 PLN/kW/year.
The expected total revenue from the above-mentioned contract over the 17-year period, starting from year 2029, will amount to at least PLN 368 million, whereas the price of the capacity obligation for long-term capacity contract will be subject to annual indexation by the average annual consumer price index, starting from the second year of deliveries.
The above information does not constitute the final results of the capacity market auction. The preliminary results of the auction will be published by PSE SA within 3 working days from the auction date. The final results of the capacity auction shall be announced by the President of the Energy Regulatory Office in the Public Information Bulletin on his website, on the first working day following the 21st day after the end of the capacity auction. Until that time, all capacity obligation sales agreements are conditional.
Legal basis | Article 17 paragraph 1 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC
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