Customer references

"Dear Mr. President,

The paper sector is an energy-intensive industry. The same holds true for the Kostrzyn-based paper manufacturing plant, member of the Arctic Paper group. Our old coal-fired CHP plant is an out-of-date facility, non-compliant with efficiency and environmental standards currently in effect. Having decided to construct a new CHP plant, the Board of Directors of Arctic Paper Kostrzyn S.A. started to look for a partner whose task would be to develop and construct the investment, and to operate the facility supplying electricity and process steam to the plant. After a period of negotiations, the Board decided to select Polish Energy Partners S.A. out of the group of 10 potential partners. After an in-depth analysis of the paper plant's business and its strategy of development, PEP specialists developed a conceptual framework of a new, combined source of electricity and heat (CHP) based on natural gas from local deposits. PEP prepared all documentation and analyses required to obtain conditions of construction and land development, developed procedures for the selection of General Contractor and draft contracts, and prepared economic analyses (Energy Cost Model). In particular, PEP negotiated and signed a 20-year contract for the supply of gas to the new CHP plant with Polskie Górnictwo Naftowe i Gazownictwo S.A. (Polish Oil and Gas Company). Arctic Paper group decided to change its investment strategy and drop the outsourcing option for this investment; instead, the project is to be completed as an in-house investment of the Kostrzyn paper plant. All set-up and design works completed by PEP are now used in the investment implementation process.

After over 4 years of co-operation between Polish Energy Partners and Arctic Paper Kostrzyn, I can confirm that PEP specialists are professionals with high qualifications and extensive knowledge. In particular, PEP is able to approach problems and situations, as well as specific nature of business of its potential customers, in a business-like, matter-of-factly and constructive way. Therefore, I recommend Polish Energy Partners S.A. as a competent and reliable energy partner."

Michał Jarczyński, Arctic Paper Kostrzyn S.A.

Taking into account its pioneering and leading role in the introduction of outsourcing solutions, Polish Energy Partners S.A. holds a unique position on the power market, and is consistently strengthening its market standing as customers become more and more aware of potential benefits of outsourcing of operations related to generation and supply of energy to their businesses. Recommendations of our customers and business partners leave no doubt as to actual benefits of this solution.

"We have selected the offer of PEP S.A., as it was well-prepared and well presented. PEP showed great understanding and involvement in order to develop the best-fit solution. PEP S.A. has a well-organised and committed staff ".

Jarosław Urban, Metsa Tissue S.A.

"Why PEP? Because PEP is open-minded, flexible and involved in negotiations; and because it is a Polish company with in-depth knowledge of legal regulations and rules of business in our country."

Henryk Drechnowicz,
Project Manager in Mondi Packaging Paper Świecie S.A.