Warsaw Exchange Aims to Be Poland’s Sole Power Market

The Warsaw Stock Exchange aims to be Poland’s only power trading market, Chief Executive Officer Ludwik Sobolewski said today when asked about the government’s plans to sell its stake in the Polish Power Exchange, or Polpx.

The Polish government, the largest shareholder in Polpx with a 22 percent stake, is willing to sell its shares to the Warsaw Stock Exchange, Treasury Minister Aleksander Grad said last week. PGE SA, Poland’s largest power producer, had earlier declared it also plans to sell 21 percent of Polpx it owns with its subsidiaries.