The European Bank for Reconstruction and Development (EBRD) is providing a financing package for the second phase of the Banie wind farm in Poland.
The EBRD loan for the 56MW extension is of Zl162mn (€37mn equivalent), and an additional Zl90mn will be provided by Alior Bank. The first phase of the project was the installation of 50MW of capacity, to which the EBRD contributed a Zl150mn loan, with an additional Zl120mn financing from Alior Bank and BOS Bank.
“Bringing phase 2 of the Banie wind farm to the grid is an important step forward for Poland’s energy balance. It will allow the country to make progress with the reduction of CO2 emissions and reaching the targets for the production of renewable energy,” says Grzegorz Zieliński, EBRD director for Poland and the Baltics.
Banie wind farm is indirectly owned by Energix Renewable Energies, an independent Israeli renewable energy producer. “Part of the refinanced equity will allow Energix to invest in and develop new renewable energy projects in the future,” comments Asa Levinger, Energix CEO.