As at December 31, 2016 the PGE Group committed to incur capital expenditures on property, plant and equipment of approximately PLN 9,789 million. These amounts relate mainly to construction of new power units, modernization of Group’s assets and purchase of machinery and equipment.

The most significant future investment commitments concern:

• Conventional Generation:
• Branch Opole Power Plant – construction of power units no. 5 and 6 – approximately PLN 2,726 million,
• Branch Turów Power Plant – construction of new power unit – approximately PLN 3,252 million,
• Branch Turów Power Plant – modernization of power units no. 1-3 – approximately PLN 588 million,
• Branch Rzeszów Heat and Power Plant – construction of Thermal Processing Installation with Energy Recycling – approximately PLN 275 million,
• Distribution – investment commitments related to network distribution assets with the total value of approximately PLN 796 million,
• Other operations, PGE EJ1 sp. z o.o. – agreement for owners engineer in the investment process related to construction of the first Polish nuclear power plant – approximately PLN 1,288 million (of wich 183 million PLN is the basic range and the remaining amount of the agreement is the extend optional).