The Nordic Investment Bank has provided a loan of up to PLN150 million (US$39.09 million) for the Pomeranian wind farm sp., owned by a subsidiary of Ignitis Group. This loan will be used for the implementation & development of a 94 MW wind farm in Poland.
In March this year, a loan of PLN258 million (around US$67 million) for the development of the Pomeranian wind farm was also provided by the European Investment Bank (EIB). The loans granted by NIB and the EIB will cover approximately 70% of the total investment required for this wind farm project.
Pomerania wind farm is located in the Pomeranian Voivodship, Poland. The project is expected to be fully operational in the spring of 2021. The wind park has an expected production capacity of 300 GWh of electricity annually.
