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Climate | 24 September 2018

Ostrołęka C: Energa’s and Enea’s Board Members’ Fiduciary Duties to the Companies and Shareholders
Climate
Climate finance
Fossil fuels

PDF | 501 kb

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Ostrołęka C: Energa’s and Enea’s Board Members’ Fiduciary Duties to the Companies and Shareholders

The two companies behind a controversial €1.2bn, 1GW coal power plant in Poland risk facing a legal challenge over the financial risks it poses to shareholders.

This briefing sets out the basis upon which ClientEarth considers that the ongoing actions of Energa’s and Enea’s Management Board and Supervisory Board risk breaching board members’ fiduciary duties of due diligence and to act in the best interests of the companies and their shareholders.