PGE set Baltica 2 timing and PGE stock trades at EUR 3.46

Published on 10/08/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First power is due in early second quarter of 2027. PGE stock costs EUR 3.46 on October 8, 2026 after EUR 3.52, minus 1.70 percent.

PGE, PLPGER000010, Illustration mit AI erstellt.

PGE set early second quarter of 2027 for first electricity from its Baltica 2 offshore wind farm, while PGE stock traded at EUR 3.46 at Lang & Schwarz on October 8, 2026. Ground News reported on September 22, 2026 that PGE Vice President Piotr Dziubaltowski gave the project timing.

Baltica 2 sets the power milestone

Baltica 2 is a central part of PGE's offshore wind build-out, but the first electricity date is earlier than the final commercial operation milestone. The project is being developed within the Baltica offshore wind program, and PGE said the first power would come in the early second quarter of 2027.

The same report said final decisions on two additional wind farm projects would come no earlier than 2027. That separates the near-term generation milestone from the longer investment pipeline and gives the strategy update a concrete operating date.

Half-year profit provides financial backing

PGE reported PLN 4.05 billion of net income for the first half of 2026, compared with a PLN 7.12 billion loss in the first half of 2025. Investing.com reported the figures from PGE's September 15, 2026 report.

Sales reached PLN 32.72 billion in the first half, up 5.60 percent from PLN 30.97 billion a year earlier. Net cash from operating activities was PLN 8.88 billion, down from PLN 12.13 billion in the comparable period, creating a sharper contrast between earnings recovery and operating cash generation.

Market context stays tied to Poland

PGE's investor information identifies the Warsaw Stock Exchange listing, ticker PGE, and ISIN PLPGER000010. PGE also reports 2,243,712,994 shares outstanding.

On the GPW, PGE.WA was last at PLN 15.18 on October 8, 2026 at 11:52 a.m. CEST, versus a PLN 15.38 prior close. The latest 52-week range was PLN 8.21 to PLN 15.73, placing the market quote near the upper end of that range while the euro quote remained below its Lang & Schwarz prior close.

PGE stock trades below prior close

At Lang & Schwarz, PGE stock was trading at EUR 3.46 on October 8, 2026 at 12:04 p.m. CEST, down 1.70 percent versus the EUR 3.52 prior close of October 7, 2026. The latest finance quote valued PGE at PLN 34.0 billion on October 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of PGE stock.