EBRD finances 220MW Polish wind giant

02/05/2019 09:03 Wind

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The European Bank of Reconstruction and Development (EBRD) is supporting the development of the 220MW Potegowo wind farm in Poland with a loan of PLN209m (€48m).

Potegowo, which is the first renewables project the bank has supported in the country in three years, is situated in north-east Poland.

 

The plant is being built and operated by Potegowo Mashav, a special purpose vehicle incorporated in Poland and majority-owned by the Israel Infrastructure Fund, for a total cost of €290m.

 

The wind farm is expected to reduce carbon dioxide emissions by 480,000 tonnes annually.

Source: renews.biz

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