Current Report No. 13/2026
Date: 29.07.2026
The Management Board of UNIMOT S.A., with its registered office in Zawadzkie (the “Issuer”), hereby announces that on 29 July 2026, its subsidiary, RCEkoenergia sp. z o.o. (“RCE”) entered into a long-term heat supply agreement with Przedsiębiorstwo Inżynierii Miejskiej sp. z o.o., with its registered office in Czechowice-Dziedzice (“PIM”), concerning the supply of heat to the town of Czechowice-Dziedzice by RCE (the “Agreement”).
The Agreement sets out the terms and conditions for the sale of heat by RCE and its purchase by PIM for a period of at least 15 years, with the option to extend it indefinitely. Heat supply is scheduled to commence on 1 June 2030.
Under the Agreement, by the date on which heat supplies commence, RCE has undertaken to complete, at its own expense and risk, the construction of a district heating connection and the modernisation of the heat source, namely a combined heat and power plant located on land belonging to the UNIMOT Group in Czechowice-Dziedzice. Furthermore, RCE has undertaken to obtain, by that date, all the licences necessary to sell the agreed quantity of heat.
The estimated value of the capital expenditure to be incurred by RCE for the modernisation of the heat source and the construction of the connection, arising from the implementation of the Agreement, will amount to approximately PLN 128 million. RCE intends to finance this investment partly from its own funds, partly through loans obtained from banking institutions, and partly through a preferential loan and a grant for which it is applying to the National Fund for Environmental Protection and Water Management.
At the same time, the Issuer announces that RCE is currently undertaking a separate investment project to modernise the heat source to serve its existing customers. This phase is scheduled for completion in 2027, with an estimated capital expenditure of approximately PLN 41 million.
Upon completion of the investment currently underway and the investment arising from the Agreement, a modern combined heat and power plant will be established, comprising seven high-efficiency gas-fired cogeneration units adapted to burn natural gas and biomethane, biomass steam boilers, electric boilers and peak-load gas boilers. To optimise generation, the plant will be equipped with heat storage facilities and heat pumps – the plan is to utilise waste heat from the technological processes.
RCE has been admitted to the auction for the cogeneration premium for its main generation units. The remaining electricity-generating units will be registered on the capacity market.
The estimated total value of the Agreement, understood as RCE’s projected revenue from the sale of heat over the entire term of the Agreement, amounts to approximately PLN 327 million.
Estimated annual electricity generation following completion of the investment will reach approximately 48,000 MWh.
The Agreement contains clauses allowing its termination on the date the connection agreement binding on the parties terminates. Furthermore, each party is entitled to terminate the Agreement in the circumstances specified in its provisions, in particular in the event of a material breach of the Agreement by the other party, including, amongst other things, failure to carry out supplies or off-takes for the period specified in the Agreement, loss of the required licences, or loss of legal title to operate the combined heat and power plant or the municipal district heating network.
The Issuer has deemed the above information to be confidential, taking into account the value of the planned capital expenditure associated with the performance of the Agreement, as well as the estimated total value of the Agreement. The conclusion of the Agreement by RCE also constitutes a significant element in the implementation of the Issuer’s Group strategy, which envisages the development of the district heating segment, the diversification of revenue sources, and the expansion of operations in low-carbon district heating.
Legal basis:
Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the MAR Regulation)
Persons representing the Company:
Filip Kuropatwa, Vice-President of the Management Board