By Marynia Kruk and Marcin Sobczyk

Of DOW JONES NEWSWIRES

WARSAW (Dow Jones)--Czech Energeticky a Prumyslovy Holding, or EP Holding, has offered the highest price among four bidders for the majority stake in Poland's state-controlled power utility Enea SA (ENA.WA), two people familiar with the situation told Dow Jones Newswires.

EP Holding has offered 25 zlotys ($8.77) a share in Enea, placing the total value of the EP Holding's bid at just under $2 billion. Enea is listed on the Warsaw Stock Exchange.