KGHM Polska Miedź S.A. and ENGIE Zielona Energia Sp. z o.o. sign a PPA for the supply of green energy

KGHM Polska Miedź S.A., one of the world's largest copper and silver producers, and ENGIE Zielona Energia, a Polish company belonging to the ENGIE Group based in France, specialising in the production and sale of renewable energy, have entered into a Power Purchase Agreement (PPA). The agreement covers the supply from the Wartkowo wind farm of approximately 65,000 MWh of electricity per year. The partnership combines KGHM's industrial experience with ENGIE's RES expertise and competence, providing a framework for innovative industrial energy solutions and strengthening both companies' position in the market. The guarantees of origin from the PPA will be used to make the equivalent of the energy consumed by the Legnica Copper Smelter greener.

The agreement covers the supply of 100% of the energy from the Wartkowo wind farm and enables KGHM to implement specific energy efficiency projects and to integrate RES in production processes. The contract guarantees approximately 65,000 MWh of energy, which allows for precise operational planning and reduces the risk associated with fluctuating energy prices on the wholesale market. As part of the contract, ENGIE provides comprehensive operational and technical support, delivering certified renewable energy and optimising connection and billing processes.

‘KGHM is one of the largest consumers of electricity in Poland, and diversification of energy sources using renewable energy is a key element of our strategy. We have long-standing expertise in the area of metal price risk management, where we use a wide range of instruments based on both physical and financial transactions. We have begun to use our experience to ensure a cost-optimised energy supply that is tailored to our consumption profile. I hope that our transaction will contribute to the creation of standards and the development of a market where the expectations and needs of energy suppliers and consumers meet’, emphasized Piotr Krzyżewski, Vice President for Finance at KGHM Polska Miedź S.A.

'At a time of market volatility and increasing regulatory requirements, the conclusion of this agreement shows that it is possible to effectively combine operational sustainability with the achievement of ambitious climate targets. Cooperation with KGHM is an example of a strategic partnership that brings real business and technological benefits’, said Mateusz Madejski, Member of the Management Board of ENGIE Zielona Energia Sp. z o.o.

The importance of the agreement goes beyond the transaction itself. It is a benchmark for the Polish renewable energy market. The number of companies opting for PPAs as a tool for integrating RES into their operations is growing, and the KGHM - ENGIE agreement demonstrates how such partnerships can increase energy efficiency and support innovation in the industrial sector.

The signing of the PPA is part of a broad strategy for the energy transition in Poland. The integration of renewable energy into KGHM's industrial processes contributes to the modernisation of infrastructure, the increase in the flexibility of the energy system and the strengthening of the country's energy security. The agreement demonstrates that strategic partnerships can support the development of sustainable industries, promote technological innovation and meet European and global climate targets at the same time. The PPA between KGHM Polska Miedź S.A. and ENGIE Zielona Energia is another step towards building a sustainable energy market in Poland, in which companies actively participate in the energy transition and reduction of CO₂ emissions, while meeting the expectations of their customers and shareholders.

KGHM Polska Miedź S.A. is an integrated copper producer with its own mineral resources, mines, smelters and copper wire rod production facilities. The company is the largest mined copper producer in Europe and is a member of the elite group of 10 largest copper producers in the world. According to the World Silver Survey 2025 ranking, the company is the 2nd largest silver producer globally. KGHM's smelters/refineries hold the prestigious Copper Mark award, which is a confirmation of efficient copper metallurgical production that meets the highest standards.

More information: www.kghm.com

ENGIE Polska is part of the international energy company ENGIE, which specialises in low-carbon products and services to support the energy transition in Europe and around the world. In Poland, the group consists of six specialised companies that provide innovative energy solutions for cities, local authorities, industry and the real estate sector. ENGIE Polska focuses on the modernisation of district heating systems, the development of renewable energy sources and the implementation of intelligent energy management technologies, contributing to improved energy efficiency and reduced CO₂ emissions.

More information: www.engie-polska.pl