Enea S.A. (WSE: ENA) is a vertically integrated Polish energy group engaged in electricity generation, distribution, and sales, with operations spanning coal-based and renewable sources. As one of Poland’s key utilities, Enea supports national energy security while gradually diversifying into wind, solar, and biomass. The company combines stable regulated revenues from grid infrastructure with exposure to energy trading and generation. Enea offers investors defensive utility cash flows with long-term optionality from energy transition investments.