State-owned energy company Energa Group received PLN 2 billion loan from a consortium of five banks. The company will use funds for, among others, the development of renewable energy generation, currently representing about 35 percent of Energa's production mix.
The 2 billion loan was granted for 5 years, with the possibility of extension. Banks that provided the loan are Bank Gospodarstwa Krajowego, Santander Bank Polska, PKO Bank Polski, CaixaBank Branch in Poland and MUFG Bank.