14:24 31 March 2025
PGE has two loan agreements with KPO for PLN 12.1 bln
PGE Group has signed two loan agreements with Bank Gospodarstwa Krajowego (BGK) totaling approx. PLN 12.1 billion, funded by Poland’s National Recovery Plan (KPO). Around PLN 9.52 billion will support PGE Dystrybucja’s grid upgrades to boost renewable energy integration and supply security, while PLN 2.57 billion will fund PGE Energetyka Kolejowa’s rail-related energy infrastructure improvements. BGK, Poland’s state development bank, supports strategic investments and economic growth.
PGE is Poland’s largest electricity producer (41% market share), with significant roles in heating (18%) and renewable energy (10%). It serves 5.5 million customers and holds 25% of the electricity distribution market. PGE has been listed on the Warsaw Stock Exchange since 2009 and is part of the WIG20 index.
