EBRD lends €30 million for construction of Polish wind farm

The borrower is indirectly owned by Energix Renewables Energy, an Israeli power producer focussing on onshore wind and solar in Israel, Poland and the U.S.

Official Press Release EBRD:

EBRD lends PLN 144 million for new Polish wind farm at Zelechowo

Wind Industry Profile of

The European Bank for Reconstruction and Development (EBRD) is lending PLN 144 million (€30 million equivalent) to support the development, construction and operation of a new 56MW wind farm at Zelechowo in Poland. The project will be co-financed with a commercial lender, mBank S.A.

The 16-turbine wind farm is expected to save 95,000 tonnes of carbon dioxide emissions a year. The borrower is indirectly owned by Energix Renewables Energy Ltd, a leading Israeli independent power producer focussing on onshore wind and solar PV in Israel, Poland and the USA with an existing relationship with the EBRD. Having entered the Polish market in 2012, it is expected to reach 300 MW installed capacity in Poland by the end of 2022. The drive towards net zero carbon... ... More: Official Press Release EBRD