PIR to invest PLN 275 mln in Toruń power plant

Polish investment vehicle Polskie Inwestycje Rozwojowe (PIR) has decided to channel PLN 275 million for the construction of a new power plant with capacity of 330 MWt in Toruń, PIR announced. The total value of the investment stands at PLN 550 million. The beginning of the construction is scheduled for 2015 and it is expected that the project will be finalized mid-2017. Polskie Inwestycje Rozwojowe was established under the Polish Investments Programme. The objective of the program is to provide funding to viable long-term infrastructure projects in Poland. PIR’s mission is to drive GDP growth and job creation