EBRD backs 286MW Polish solar farm

Apr 25, 2022 02:58 PM ET
  • Bank financing EUR46m for the building and construction and procedure of the Zwartowo project
EBRD backs 286MW Polish solar farm
Image: Red Zeppelin/UVGE/Unsplash

The European Bank for Reconstruction and Development (EBRD) is offering EUR46m for the construction and also procedure of the almost 286MW Zwartowo solar farm in Poland.

The EBRD funding, in the form of an elderly protected finance and also debt solution reserve facility, will certainly be part of a bigger package co-financed by commercial banks PKO BP and also Pekao.

Zwartowo is being developed by Stigma, a special purpose vehicle integrated in Poland as well as indirectly majority owned by Solarnet Investment.

Solarnet is the investment arm of Goldbeck Solar Group, an existing customer of the EBRD.

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