Raporty Spółek ESPI/EBI

Photon Energy Group Informs About a Notice of Set-off of Remuneration Due Paid to Capacity Market Units PHOTON ENERGY N.V. (NL0010391108)

23-02-2026 06:30:20 | ESPI | 5/2026
oUNI-EN: Photon Energy Group Informs About a Notice of Set-off of Remuneration Due Paid to Capacity Market Units

 PAP
Data: 2026-02-23
Firma: PHOTON ENERGY N.V.
oSpis tresci:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Nazwa arkusza: REPORT


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 5 / 2026
Date of issue: 2026-02-23
Short name of the issuer
PHOTON ENERGY N.V.
Subject
Photon Energy Group Informs About a Notice of Set-off of Remuneration Due Paid to Capacity Market Units
Official market - legal basis
Art. 17 ust. 1 MAR
Unofficial market - legal basis
Contents of the report:
The Management Board of Photon Energy N.V. informs that on 20 February 2026, the Company's fully owned subsidiary - Photon Energy Trading PL sp. z o.o. _"the Company"_ - received a letter from Polskie Sieci Elektroenergetyczne Spółka Akcyjna _"PSE"_ in which PSE informs the Company that pursuant to Article 498 of the Act of 23 April 1964 the Civil Code _Journal of Laws 2025, item 1071_, it indends to set off the remuneration due to Photon Energy Trading PL sp. Z o.o. for the performance of the capacity obligation for January 2026 against the amount which is subject of a dispute between the Company and PSE in connection with the alleged failure of two Capacity Market units, which were subject to capacity market contracts in the year 2024 to meet the emission limit set for the the capacity market units in the year 2024.
Based on the letter from PSE the total gross amount of PLN 4,539,981.20 _approximately EUR 1,074,781_ arising from the respective capacity agreements of the Company will be set off against the total gross amount of PLN 16,281,758.51 _approximately EUR 3,854,492_, which is subject of the dispute between the Company and PSE.
On 3 December 2025, the President of the Energy Regulatory Office issued a decision supporting PSE's position with regard to the alleged failure of two Capacity Market units.
On 17 December 2025, the Company filed an appeal against the Energy Regulatory Office's decision with the Competition and Consumer Protection Court. The Company intends to address the Court with a petition for an injunction against PSE's intention to offset the Company's Capacity Market remuneration with the disputed amount.
Annexes
File Description

Nazwa arkusza: INFORMATION ABOUT THE ENTITY


_fullname of the issuer_
_short name of the issuer_ _sector according to clasification
of the WSE in Warsow_
_post code_ _city_
_street_ _number_
_phone number_ _fax_
_e-mail_ _web site_
_NIP_ _REGON_

Nazwa arkusza: SIGNATURE OF PERSONS REPRESENTING THE COMPANY


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2026-02-23 Georg Hotar Director Georg Hotar


Identyfikator raportu jjvuszwyf1
Nazwa raportu UNI-EN
Symbol raportu UNI-EN
Nazwa emitenta PHOTON ENERGY N.V.
Symbol Emitenta PHOTON ENERGY N.V.
Tytul Photon Energy Group Informs About a Notice of Set-off of Remuneration Due Paid to Capacity Market Units
Sektor Energetyka (ene)
Kod 1083 HN
Miasto Amsterdam
Ulica Barbara Strozzilaan
Nr 201
Tel. +31 20 240 2570
Fax +31 20 240 2598
e-mail
NIP 8500.20.827
REGON
Data sporzadzenia
Rok biezacy 2026
Numer 5
adres www
Serwis Ekonomiczny Polskiej Agencji Prasowej SA 2026 Copyright PAP SA - Wszelkie prawa zastrzezone.