PGE get PLN 1 bln loan from BGK
12:02
Poland’s largest utility PGE has obtained a PLN 1 billion loan from Bank Gospodarstwa Krajowego (BGK), the companies said on Thursday. The financing comes from the Polish Investment program.
The loan expires on December 31, 2027.
In 2014-2020, PGE is carrying out an investment program worth some PLN 50 billion. It will spend about PLN 30 billion on building and modernizing power generation units.
