Gabriela Baczyńska
Press officer
- European Investment Bank
- Communication Department
- Plac Piłsudskiego 1
- PL-00-078 Warsaw
- Poland
+352 4379-83852
+48 502 355 634
More press releases
20 December 2024
Poland: EIB doubles to more than €420 million financing to ORLEN Group to boost power distribution network
European Investment Bank (EIB) and ORLEN Group, Poland’s largest energy company, signed a second PLN 900 million loan agreement this year to finance projects supporting energy transition in the country. Totalling PLN 1.8 billion, EIB funding will be used to strengthen and expand power distribution network of system operator Energa, which is majority owned by ORLEN.
25 November 2024
Poland: EIB Group signs first synthetic securitisation backed by solar panel loans to private individuals with PLN 625 million to Inbank
The European Investment Bank Group (EIBG) signed its first synthetic securitization transaction backed by solar panel loans to private individuals in Poland with Inbank, an Estonian financial technology company with an EU banking license. The transaction, which is also Inbank’s first securitisation, will allow the bank to offer up to PLN 701 million (over €160 million) in new lending in the next three years to private individuals in Poland willing to install solar panels and heat pumps.
12 November 2024
Poland: EIB extends over €200 million to ORLEN Group to advance energy transition
The European Investment Bank (EIB) and ORLEN Group, Poland’s largest energy company, signed a PLN 900 million loan agreement for projects supporting energy transition. The funds will be used to invest in strengthening and expanding the power grid of Energa, a distribution system operator majority owned by ORLEN. This new EIB support will help modernise electricity distribution in northern and central Poland, as well as allowing to connect more renewable energy sources (RES). The loan comes as the first under a total of PLN 3.5 billion in financing approved by the EIB to boost Energa’s network in 2024-25.