Polsat Plus Group and ZE PAK jointly invest in Poland's largest planned wind farm project with total connected capacity of about 500 MW
In Q1 2024 Polsat Plus Group expanded the Plus network 5G coverage to reach 23 million people, while the 5G Ultra technology, with data speeds of up to 1 Gbps, reaches 6 million people. Fiber-optic connections reach 13 million people. TV Polsat spring programming enjoyed high audiences share while Polsat-Interia Group was once again the no. 1 Internet publisher in April. Technological start-up of the Group’s third wind farm, located in Człuchów, is in process.
Major events:
23 million people living within the coverage area of the 5G network, 6 million within the coverage of 5G Ultra network, and 13 million with access to a fiber-optic connection, very good TV Polsat programming offer, partnership with Google Cloud, production of electricity from solar and wind power as well as sale of hydrogen-powered buses
In Q2 2023 Polsat Plus Group presented new proposals in each segment of its operations: it launched the 5G Ultra solution with data transfer rates of up to 1 Gbps, it acquired naEKRANIE.pl portal as well as three TV 4FUN channels. It has also extended contract for broadcasting rights to European volleyball cup matches as well as acquired the rights to ORLEN Superliga and ORLEN Superliga Kobiet men’s and women’s handball league matches, while also starting trial electricity production from its first wind farms.
Cyfrowy Polsat S.A. announces that it decided not to prolong the agreement and to terminate its cooperation with Moody's Investors Service rating agency. Accordingly, Moody's has withdrawn the corporate rating assigned to the company.
The last rating assigned to the company by Moody's on October 5, 2022 was a long-term rating of "Ba3" with a negative outlook.
Polsat Plus Group's current ratings are available at: https://grupapolsatplus.pl/en/investor-relations/bonds
Polsat Plus Group concluded a Senior Facilities Agreement with a consortium of Polish and foreign financial institutions which will be utilized for investment projects, the repayment in full of the indebtedness under the previous credit facilities and the financing of general corporate needs. The agreements concluded are linked with sustainable development goals pursued by Polsat Plus Group through environmental, social and corporate governance activities. The credit facilities will be in zlotys and euros, with a final repayment date of 2028.
In 2022 Polsat Plus Group was consistently developing the Telecommunications, Content and Clean Energy pillars of its operations, while also being involved in providing support to the citizens of Ukraine by donating several dozen million zloty to this cause.
Major events in 2022:
Information with regard to media publications concerning involvement of Polsat Plus Group in the investment into an Ukrainian Sense Bank:
Polsat Plus Group or any company from Polsat Plus Group has nothing do to with the investment into Sense Bank
Polsat Plus Group is the first Polish company issuing Sustainability-Linked Bonds according to the international ICMA (International Capital Market Association) standard. This is the largest issuance of corporate bonds by a private company in the history of the Polish zloty capital market (PLN 2.67 billion). The funds from the bond issue will support the implementation of Polsat Plus Group's Strategy 2023+, particularly the achievement of its goal to install 1,000 MW of clean energy generation capacity.
