PGE borrows PLN 5.5 bln
12:00
State-controlled PGE has signed a loan for PLN 5.5 billion, which it plans to earmark for investment projects, a press release read.
An agreement with eight lenders was signed on September 7. According to its terms, the loan has to be paid off by September 30, 2023.
One of the schemes that PGE will carry out using the loan is a construction of two power units in Elektrownia Opole power plant, worth PLN 11.6 billion, the press release also read.