WKN units seek EBRD loan for 59 MW of Polish wind projects
Wind turbines in Poland. Author: Karolina Kabat.
Subsidiaries of Germany’s WKN GmbH have requested a loan of up to PLN 185 million (USD 49.9m/EUR 42m) to back the acquisition and construction of two wind farms in Poland of almost 59 MW in total.
The duo is seeking to obtain a long-term senior secured credit facility from the European Bank for Reconstruction and Development (EBRD), a Project Summary Document (PSD) disclosure on the lender’s website shows.
The funding is being sought through Forthewind sp zoo and Sevivon Windpark 2 sp zoo. The two companies will buy, install and operate the 19.2-MW Krzecin and the 39.6-MW Kuslin wind farms. This capacity will help save over 145,000 tonnes of carbon dioxide (CO2) emissions per year.
The concept for the two projects has been reviewed and a decision will be made on September 30, the EBRD said.
WKN is a unit of renewable energy company PNE AG (ETR:PNE3).
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.