Electrabel SA will pay 160 million euros to acquire a 60 percent stake in Polish power plant Elektrownia Polaniec, Polish business daily Puls Biznesu reported.

HASSE FARSTAD

Belgium-based Electrabel, which is controlled by Suez SA of France, will sign an agreement on Friday with the Polish government to raise its stake in Elektrownia Polaniec to 85 percent from the current level of...