PGE signs data-center deal. PGE stock has a PLN 12.95 target

Published on 10/16/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NASK and PGE signed a data-center agreement on October 15, 2026. PGE stock trades at EUR 3.86 on October 16, 2026. Fintel's target is PLN 12.95.

Data-center strategy gains shape

NASK and PGE signed a data-center agreement on October 15, 2026, with costs projected at one-third below greenfield projects.
PGE reported PLN 15.26 billion in second-quarter 2026 revenue and PLN 3.96 billion in recurring EBITDA.
PGE stock trades at EUR 3.86 at 11:01 a.m. CEST at Lang & Schwarz on October 16, 2026.
Fintel reported an average target of PLN 12.95 on October 3, 2026.

PGE, PLPGER000010, Illustration mit AI erstellt.

PGE (ISIN PLPGER000010) was trading at EUR 3.86 at Lang & Schwarz on October 16, 2026, at 11:01 a.m. CEST. The Polish utility signed a data-center agreement with NASK on October 15, 2026, opening a new investment path alongside its electricity and heat operations, as PAP reported.

Three milestones shape the story

PGE reported PLN 15.26 billion in revenue for the second quarter of 2026, while recurring EBITDA reached PLN 3.96 billion, according to WNP on September 15, 2026. The report also put first-half revenue at PLN 32.72 billion and net profit at PLN 4.05 billion.

On October 3, 2026, Fintel said the average one-year price target had risen 11.80 percent to PLN 12.95 from PLN 11.59 on September 11, 2026. The target is an aggregate analyst measure rather than a single-house recommendation, according to Fintel.

What does 50 MW mean for PGE?

The data-center plan links PGE's existing land, power infrastructure and heating expertise with NASK's computing and cybersecurity capabilities. A 50 MW center could generate enough waste heat for a town of up to 15,000 residents, while the facilities could cost one-third less than greenfield projects, CRN reported on October 16, 2026. For PGE, the attraction is the reuse of industrial sites and a possible revenue stream beyond conventional generation.

Next project milestone

The next disclosed milestone is a decision on the first data-center location in the first half of 2027, with the sites expected to use former industrial areas connected to PGE infrastructure, according to CRN.

Stock trades during the project reset

PGE's market capitalization was PLN 37.9 billion on October 16, 2026, while its primary-market 52-week range was PLN 8.21 to PLN 17.55. The current quotation gives investors a direct market measure as the company moves from a strong second-quarter operating backdrop toward a new infrastructure theme.

The stock was trading at EUR 3.86 at Lang & Schwarz on October 16, 2026, at 11:01 a.m. CEST.

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