EIB considering PLN 209 mln loan to Tauron
12:41
The European Investment Bank (EIB) said on Tuesday that it was considering granting power utility Tauron a loan worth €188 million to help finance the planned expansion of a power plant at Lagisza, southern Poland.
The total estimated cost of the project stands at PLN 1.5 billion and Poland's state investment vehicle Polskie Inwestycje Rozwojowe (PIR) said last year it it would channel PLN 750 million towards this project.