European Energy Secures €27M Loan for Polish Projects

• European Energy secures EUR 27M loan to boost Poland's renewable energy, reinforcing Eastern Europe's shift to sustainable power with 33 MW capacity.

Danish renewables developer European Energy A/S has secured PLN 118 million (EUR 27 million) in loan agreements to refinance three renewable energy projects in Poland. These projects have a combined capacity of 33 MW, underscoring the company's commitment to expanding its renewable energy footprint in the region.

The refinancing will support the continued development and operation of these facilities, contributing to Poland's renewable energy goals. European Energy's investment highlights the growing interest and financial backing for renewable projects in Eastern Europe, as the region seeks to transition to more sustainable energy sources.

How is European Energy A/S advancing renewable energy projects in Poland with new financing?

• European Energy A/S is leveraging PLN 118 million in new financing to enhance its renewable energy portfolio in Poland.
• The financing will be used to refinance three existing renewable energy projects, ensuring their long-term viability and operational efficiency.
• These projects have a combined capacity of 33 MW, contributing significantly to Poland's renewable energy targets.
• The investment reflects European Energy's strategic focus on expanding its presence in Eastern Europe, a region with increasing demand for sustainable energy solutions.
• The refinancing will facilitate the maintenance and potential expansion of these projects, ensuring they continue to meet energy production goals.
• European Energy's efforts align with Poland's national objectives to increase the share of renewables in its energy mix, reducing reliance on fossil fuels.
• The company's commitment to the Polish market is part of a broader strategy to support the European Union's climate goals and energy transition initiatives.
• This financial move underscores the growing confidence in the renewable energy sector in Poland, attracting more international investment and expertise.
• European Energy is also exploring opportunities for further renewable energy developments in Poland, including wind and solar projects, to capitalize on the country's favorable regulatory environment.