PGE completed the acquisition of PKP Energetyka from CVC Capital Partners for $436m.

PGE, a state-owned public power company, completed the acquisition of PKP Energetyka, a cross-country electricity distributor to the Polish railway network, from CVC Capital Partners, a private equity company, for $436m. “I am glad that the distribution of electricity for the entire rail transport is back in Polish hands. We will continue to develop the company towards a low-emission economy. Our ambition will be to supply green energy to rail transport,” Wojciech Dąbrowski, PGE CEO.