November 6, 2019 / 8:54 AM / 11 days ago

BRIEF-Polenergia's Unit Secures Loan For Up To 107 Mln Zlotys For Wind Farm Construction

Nov 6 (Reuters) - Polenergia SA:

* SAID ON TUESDAY ITS UNIT POLENERGIA FARMA WIATROWA SZYMANKOWO HAS SIGNED AN INVESTMENT LOAN AGREEMENT FOR UP TO 107 MILLION ZLOTYS FOR WIND FARM CONSTRUCTION

* COMPANY’S UNIT HAS ALSO SIGNED A VAT LOAN AGREEMENT FOR UP TO 20 MILLION ZLOTYS

* BOTH SAID LOANS ARE PROVIDED BY EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT, MBANK AND ING BANK SLASKI

* COMPANY’S UNIT HAS ALSO SIGNED A DEAL WITH SIEMENS GAMESA RENEWABLE ENERGY SP. Z O.O. AND SIEMENS GAMESA RENEWABLE ENERGY A/S FOR THE DELIVERY, INSTALLATION AND START-UP OF 11 WIND TURBINES

* COMPANY’S UNIT HAS ALSO SIGNED AN ADDITIONAL AVAILABILITY AND MAINTENANCE AGREEMENT WITH SIEMENS GAMESA RENEWABLE ENERGY SP. Z O.O. FOR SAID TURBINES FOR 25 YEARS FROM START-UP DATE

* COMPANY’S UNIT HAS ALSO SIGNED AN AGREEMENT WITH PRZEDSIĘBIORSTWO BUDOWNICTWA DROGOWO-INŻYNIERYJNEGO FOR THE CONSTRUCTION OF THE FARMA WIATROWA SZYMANKOWO 38,115 MW WIND FARM

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Further company coverage: (Gdynia Newsroom)

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