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EBRD lends €60.4 mln equivalent to build 2 windfarms in Poland

22:05

EBRD lends €60.4 mln equivalent to build 2 windfarms in Poland
Source: Photo by RawFilm on Unsplash

The EBRD’s local currency loan of PLN 275 million (€60.4 million equivalent) is financing two separate projects, with a parallel commercial lender, Banco Santander, who benefits from a partial guarantee from Denmark’s Export Credit Agency (EKF), providing the same amount within a PLN 550 million financing package. Santander Bank Polska is acting as Agent, Security Agent, and Account Bank.

The first project is the 81.4 MW Banie 3 development in northwestern Poland, where 37 turbines will be…

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