Polsat Plus Group completes installation works in Drzeżewo on Poland’s third-largest wind farm
Commercial launch of the 139 MW Drzeżewo unit coming soon
In Q2 2025 Polsat Plus Group demonstrated growing financial and operating performance. The Group’s revenues increased to PLN 3.6 billion, while the number of multi-play customers grew to more than 3 million. Polsat TV’s spring program schedule enjoyed high viewership. Polsat-Interia Group maintained its leading position among online publishers. The Group generated 314 GWh of green energy from its own RES and it acquired project financing in the amount of up to PLN 953 million for its Drzeżewo wind farm.
Major events:
Polsat Plus Group has secured financing of up to nearly 953 million PLN for its largest wind farm in Drzeżewo with a capacity of 139 MW. With all 63 turbines now assembled and technical commissioning underway, the project is nearing completion. Test production has already begun from 51 turbines, while full commercial launch is planned for Q4 this year.
Polsat Plus Group and ZE PAK have produced and fed the first megawatt-hour of electricity into the grid from their wind farm in Drzeżewo, just 15 months and 6 days after breaking ground. The new wind farm will have a capacity of 139 MW, effectively doubling the companies’ installed wind power capacity. Full commercial operation is planned for the fourth quarter of this year.
26 million people within the coverage footprint of Plus’s 5G network, Polsat-Interia Group is the leader among Internet publishers, new wind farms and start of green hydrogen production
The management boards of Cyfrowy Polsat and Polkomtel (a subsidiary of Cyfrowy Polsat) have decided to partially repay their term loan early, resulting in interest savings of approximately PLN 30 million. The total prepayment amounts to almost PLN 700 million, reducing the debt under the loan agreement with financial institutions to just over PLN 6.2 billion, with a further repayment schedule until 2028. The prepayment was made possible by the sale of Asseco shares.
Cyfrowy Polsat announces that it has completed the sale of the majority of its shares in Asseco Poland, representing a 9.99% stake in its share capital. The transaction is part of Cyfrowy Polsat's ongoing strategy to further strengthen its operations in strategic areas and focus on its key pillars. The buyer of the shares is Yukon Blue Kapital B.V. According to the published current report, the number of shares sold is 8,300,029 and the price per share was PLN 85. The value of the entire transaction is over PLN 705 million.
Q3 2024 was very good for Polsat Plus Group, both in financial and operational terms.
Cyfrowy Polsat and its capital group are operating stably, according to plan and in a normal operational mode. The situation reported in the media in recent weeks has no impact on the operational and financial activities of the Company and the Group.
The Group's financial position is stable, and it consistently executes its strategy while meeting its obligations to financial institutions and bondholders on time.
