06.02.2024 • CR no 9/2024
PGE with the approval of the Board of Directors of the European Investment Bank to support the financing of the Baltica Offshore Wind Farm
The European Investment Bank (EIB) approved the in-principle financing of the Baltica OWF project to be implemented by the PGE Group. The total financing package amounts to EUR 1.4 billion. This is a significant step towards ensuring an optimal financing structure that will enable the construction of PGE's first offshore wind farms in the Baltic Sea.
PGE's unique on a European scale energy storage project in Żarnowiec with a capacity of no less than 200 MW has obtained the first license promise in Poland for electricity storage in a large-scale electrochemical energy storage facility. The promise was issued by the President of the Energy Regulatory Office.