The European Bank for Reconstruction and Development is lending PLN 144 million EUR 30 million) to support the development, construction and operation of a new 56MW wind farm at Zelechowo in Poland. The project will be co-financed with a commercial lender, mBank SA. The 16-turbine wind farm is expected to save 95,000 tonnes of carbon dioxide emissions a year.The borrower is indirectly owned by Energix Renewables Energy Ltd, a leading Israeli independent power producer focussing on onshore wind and solar PV in Israel, Poland and the USA with an existing relationship with the EBRD. Having entered the Polish market in 2012, it is expected to reach 300 MW installed capacity in Poland by the end of 2022.
The European Bank for Reconstruction and Development is lending PLN 144 million EUR 30 million) to support the development, construction and operation of a new 56MW wind farm at Zelechowo in Poland. The project will be co-financed with a commercial lender, mBank SA. The 16-turbine wind farm is expected to save 95,000 tonnes of carbon dioxide emissions a year.The borrower is indirectly owned by Energix Renewables Energy Ltd, a leading Israeli independent power producer focussing on onshore wind and solar PV in Israel, Poland and the USA with an existing relationship with the EBRD. Having entered the Polish market in 2012, it is expected to reach 300 MW installed capacity in Poland by the end of 2022.