Pt Pertamina Geothermal Energy TbkIDX: PGEO

Poland's PGE to complete strategy review in third quarter

· Issued by Pt Pertamina Geothermal Energy Tbk

Poland's biggest utility PGE GPW:PGE will complete its strategy review in the third quarter to reassess carbon costs, falling solar project valuations and its gas segment following a lack of supplementary 2030 capacity auctions, Deputy CEO Katarzyna Rozenfeld said on Wednesday.

The company also expects to select a partner for its Baltica 9 offshore wind project within weeks, Rozenfeld added.