Poland OKs TGE Stake Sale

Poland’s treasury ministry has approved the sale of an 80% stake in energy exchange operator Towarowa Gielda Energii.

Poland’s treasury ministry has approved the sale of an 80% stake in energy exchange operator Towarowa Gielda Energii (TGE), Reuters reports. The Warsaw Stock Exchange operator is the possible buyer.

The ministry will jointly sell the stake with units of state-linked utilities Energa and PGE, financial holding company Elektrim and a local arm of Germany’s E.ON. The TGE-run exchange trades spot and future power contracts for physical delivery as well as green certificates.

Click here for the story from Reuters.