The European Investment Bank (EIB) has granted a loan of PLN 2.25 billion (USD 599m/EUR 527m) to Polish utility PGE Polska Grupa Energetyczna (<a href="https://www.google.com/url?sa=j&url=https%3A%2F%2Fwww.gpw.pl%2Fcompany-factsheet%3Fisin%3DPLPGER000010&uct=1739525275&usg=rRaOBbKkRm14ApvWpI0iCD_OJx8.&opi=73833047&source=chat" target="_blank">WSE:PGE</a>) to back the establishment and upgrade of renewable energy and storage facilities.