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EU approves €60.4 million funding for windfarms at Poland’s Banie and Sepopol

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The European Bank for Reconstruction and Development (EBRD) is financing with a local currency loan of PLN 275 million (€60.4 million equivalent) the construction and operation of two windfarms in Poland that will help the country accelerate its transition from fossil fuels with the development.

The loan is financing two separate projects, with a parallel commercial lender, Banco Santande, who benefits from a partial guarantee from Denmark’s Export Credit Agency (EKF), providing the same amou…

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