EIB to lend €140 mln to construct CCGT power station in Poland
The European Investment Bank is providing a PLN 566 million (€140 million) loan to Elektrocieplownia Stalowa Wola for the construction of a combined cycle gas turbine (CCGT) power station in southeastern Poland. This highly efficient power plant, with a capacity of 450MWe and heating capacity of 240Mwth, will be built on an existing industrial site within the boundaries of the Stalowa Wola power plant. It will provide electricity to the grid and heat to neighboring towns as well as industrial off-takers. It is expected to become operational in the second half of 2015, the European Commission said in a press release on Monday. The EIB, the long-term lending institution of the European Union, promotes the development of sustainable, competitive and secure energy supplies.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.