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PKN Orlen receives €180 million loans from EBI to support its decarbonization plans

21:03

PKN Orlen receives €180 million loans from EBI to support its decarbonization plans
Source: PKN Orlen

The European Investment Bank (EIB) and the Polish oil refining, energy, and petrochemical company PKN Orlen signed today in Warsaw a €180 million loan agreement that will help finance the company’s new activities in bio-refinery and biochemical production, including in research and development (R&D).

The loan will help finance three projects. Two of them relate to the development of renewable sources of energy, while the third one is about scaling up research and development (R&D).

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