Goldman Sachs has increased its stake in Tauron.
Goldman Sachs, one of the world's largest investment banks, has increased its involvement in TAURON. The bank announced that it has surpassed the 5% threshold of total voting rights in the company. This is yet another signal of growing interest in the Group among international institutional investors. At the same time, TAURON's stock price has risen by 44% since March 2024, increasing its market capitalization by PLN 2.3 billion.
Goldman Sachs is not the only global player recognizing TAURON’s potential. The London-based fund Helikon Investments Ltd. first disclosed its stake in the company in December 2023, exceeding the 5% voting rights threshold. It has since systematically increased its position, reaching 7.29% in May 2024 and 12.14% in December 2024.
“The interest from global investors like Goldman Sachs and Helikon Investments is a clear sign that the market appreciates TAURON’s value and the direction we have taken since March 2024. The strong stock price growth and positive analyst recommendations demonstrate that our strategy is delivering results. The ‘World of New Energy’ framework we outlined in our new strategy focuses on customer-centricity, multi-billion investments in the distribution network and renewable energy sources, while also creating value for shareholders,” said Grzegorz Lot, CEO of TAURON Polska Energia.
TAURON’s Stock Price and Market Value on the Rise
Since the new management team took over on March 7, 2024, TAURON’s share price has surged by 43.7%, climbing from PLN 3.06 to PLN 4.40 (as of February 11, 2025). Meanwhile, the company’s market capitalization has increased from PLN 5.36 billion to PLN 7.71 billion.
The new management has prioritized a more open dialogue with the market, including resuming earnings conferences in Warsaw. This transparent information policy has been reflected in analysts’ recommendations—since March 2024, 14 recommendations have been issued, 9 of which were "buy" ratings.
Record-High Financing for Network Development
In December 2024, TAURON became the first energy company in Poland to sign an agreement with Bank Gospodarstwa Krajowego (BGK) to receive PLN 11 billion in funding under the National Recovery Plan. The financing, offered at an interest rate of 0.5% per year, will be used to modernize the distribution network and connect new customers.
With a dynamic increase in company value, growing involvement from global financial institutions, and positive analyst recommendations, TAURON remains firmly on investors’ radar.
source: https://media.tauron.pl/