State-controlled Polish utility Enea is being sued by minority shareholders over its proposed €1.2bn ($1.4bn) and if it gets built, it is destined to be a financial and economic disaster,” said senior analyst Matthew Gray. coal plant in the north-east of the country. The company has been accused of breaching EU state aid rules and forcing out workers at a site where it plans to build two new coal-fired power plants. The group, which bought a minority stake in the utility to challenge the plan, claims the plant would undermine emission reduction targets set by the Polish government. These aim to reduce reliance on coal as a source of electricity production from 80% to 50% by 2040.
State-controlled Polish utility Enea is being sued by minority shareholders over its proposed €1.2bn ($1.4bn) coal plant in the north-east of the country. The company has been accused of breaching EU state aid rules and forcing out workers at a site where it plans to build two new coal-fired power plants. The group, which bought a minority stake in the utility to challenge the plan, claims the plant would undermine emission reduction targets set by the Polish government. These aim to reduce reliance on coal as a source of electricity production from 80% to 50% by 2040.