PGE Polska Grupa Energetyczna S.A signed a preliminary share sale agreement to acquire PKPE Holding Sp. z o.o. for PLN 1.9 billion on December 28, 2022. The purchase price subject to adjustments. PGE will directly acquire 100% of the shares in the PKPE Holding Sp. z o.o., and, indirectly, 100% of the shares in PKP Energetyka S.A., and shares in other subsidiaries owned by the Company. The closing of the transaction is conditional upon obtaining the consent of the Office of Competition and Consumer Protection, closing the court dispute concerning the privatisation of PKP Energetyka, obtaining the consent of the Minister of State Assets and obtaining waivers from the financing institutions. The closing of the transaction is planned to take place on April 3, 2023.

PGE Polska Grupa Energetyczna S.A completed the acquisition of PKPE Holding Sp. z o.o. on April 3, 2023. The final acquisition price for this transaction is approximately PLN 1.8 billion. The Polish Office for Competition and Consumer Protection approved this transaction on March 21, 2023. Closing the transaction involves changing the company's name from PKP Energetyka S.A. to PGE Energetyka Kolejowa S.A. Change of the company's name will take place on the day of registration by the competent registry court. Until the date of registration, PKP Energetyka S.A. will continue to operate under its current name.