21 October 2009 - French utility GDF Suez SA may develop its business in Poland in the future but isn't looking to buy the stake in power company Enea that the Polish government wants to sell, Chief Operating Officer Jean-Francois Cirelli said.
The Wall Street Journal reported that the Poland wants to sell around 67% of Enea, but suspended the process last week after Germany's RWE AG pulled out of the race to buy the firm.
"We aren't interested" in the stake, Cirelli told reporters on the sidelines of an energy conference here. However, he added that "Poland is an interesting country for the group" in the future.
Separately, Cirelli confirmed that Chinese sovereign wealth funds would be welcome as minority shareholders of the company.
The remark confirms comments made by the company's chief executive, Gerard Mestrallet, in a recent newspaper interview.
Cirelli also spoke of sovereign wealth funds in general being potentially welcome as minority shareholders.