Wind-Energy

PKO Bank Polski Signs PLN 554 Million Financing Agreement with Energix Polska for 120 MW Wind Farms

PKO Bank Polski, as part of a consortium, has signed a financing agreement with Energix Polska, a subsidiary of Energix Renewable Energies Ltd. The agreement concerns the financing of wind farms with a total capacity of 120 MW, located in the communes of Kozielice, Bielice, and Banie in Pyrzyce County, the commune of Gryfino in Gryfino County (West Pomeranian Voivodeship), and the commune of Kisielice in Iława County (Warmian-Masurian Voivodeship). PKO Bank Polski’s contribution amounts to PLN 277 million, while the total value of the agreement is PLN 554 million.

The wind farm construction was fully financed by Energix Renewable Energies Ltd., and the funds obtained from the leveraged loan will be invested in further renewable energy projects in Poland and the United States. Energix, which has been operating in Poland since 2013, currently has 314 MW of projects in operation, 190 MW under construction or at advanced stages of development, and 1,100 MW in early development.

PKO Bank Polski, the leader of the Polish banking sector, had total assets of PLN 501.5 billion at the end of 2023 and has been listed on the Warsaw Stock Exchange since 2004.

Source: WysokieNapiecie

Turkey's ENSIA to Showcase Wind Energy Strength at WindEnergy Hamburg Fair

The Energy Industrialists and Businessmen's Association (ENSIA) will represent Turkey at the prestigious WindEnergy Hamburg Fair, taking place from September 24-27. The event, which is expected to draw over 1,500 companies and 40,000 visitors, will highlight Turkey's growing role in the wind energy sector.

Ingeteam to Participate in CISOLAR&GREEN BATTERY 2024 Bucharest, Showcasing Advanced Renewable Energy Solutions

Ingeteam, a leading provider of advanced technological solutions for the renewable energy sector, proudly announces its participation in CISOLAR&GREEN BATTERY 2024, set to take place in Bucharest from October 15-17, 2024. Organized by Ibcentre, this premier event will bring together global and regional leaders to accelerate the clean

PGE Increases Capital Expenditure, Focuses on Offshore Wind and Gas Projects

In the first six months of 2024, PGE Polska Grupa Energetyczna increased its capital expenditure to PLN 4.64 billion, up from PLN 3.95 billion in the same period last year. This rise comes as PGE adapts to dynamic energy market changes and new regulations, according to CEO Dariusz

Read next