Poland's Energa gets up to 7.66 billion zloty in loan for power grid investments

Energa S A

19/02/2025 10:12

GDANSK, Feb 19 (Reuters) - Polish utility Energa
 ENGP.WA  said on Wednesday it has signed a loan deal for up to
7.66 billion zlotys ($1.92 billion) with Poland's development
bank BGK to invest in the company's power distribution network.
    Polish oil refiner Orlen  PKN.WA , which owns Energa, plans
to add 4.3 gigawatts (GW) of gas-fired power generation capacity
and develop four offshore wind farms under its strategy to
invest up to 380 billion zloty by 2035.

($1 = 3.9924 zlotys)

 (Reporting by Rafal W. Nowak and Marek Strzelecki. Editing by
Jane Merriman)
 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))