TAURON Group company – WIND T30 MW Sp z o.o. has signed a bilateral investment loan agreement with PKO Bank Polski for PLN 238 million. The funds will be used to refinance expenses related to the construction of an onshore wind farm in Warblewo (Pomeranian Province, Słupsk County) with a total capacity of 30 MW.
The wind farm was commissioned in October 2024 and is now fully operational. The project is in line with sustainable development goals, and the renewable energy produced is 100% compliant with the European Union Taxonomy.
The investment’s business model assumes the sale of electricity based on a long-term PPA (Power Purchase Agreement) throughout the entire 15-year financing period.
“We are particularly proud because this is the first project finance agreement with the TAURON Group in the history of our cooperation. We believe that this is a good start, which will allow PKO Bank Polski and the TAURON Group to develop their cooperation in this form as well”, says Bogdan Palinowski, Director of the Office in the Investment Project Financing Department at PKO Bank Polski.
“The signed agreement is an important step for us in the process of developing our renewable energy portfolio and implementing our strategy. Ensuring stable financing conditions enables us to consistently increase RES capacity while maintaining security of supply and price predictability for consumers. This is a key step towards achieving the strategic goal of climate neutrality by 2040″, says Mateusz Lewandowski, Executive Director for Investments at TAURON Polska Energia.
The TAURON Group is one of the largest investors in the onshore wind segment in Poland. It currently has 14 wind farms with a total capacity of 538 MW in its portfolio. In addition, it is in the process of implementing three other investments with a total capacity of approximately 235 MW. According to the assumptions of the Company’s new strategy, which was adopted in December last year, the increase in installed capacity in renewable energy sources will rise to 2.7 GW in 2030 and 4.3 GW in 2035.
The agreement is another example of how PKO Bank Polski actively supports the energy transition and the development of renewable energy sources in Poland by offering its customers comprehensive financial solutions. In its strategy for 2025–2027, the bank assumes at least a 20% share in the banking financing of this process. It also commits to reducing the intensity of emissions from its loan portfolio in the energy sector by 47% by 2030.
Source: Tauron
