The European Investment Bank (EIB) plans to lend a record amount of €5.5 billion for projects in Poland, Vice President Anton Rop said. Lending for energy projects alone, will amount to €1 billion this year.
With €4.4 billion, Poland accounted for half of the loans the EIB granted in 2012 to the 12 new EU member states. It helped finance the upgrade of a highway from the capital Warsaw to Wroc³aw and the modernization of power distribution networks for Tauron Polska, Energia and Enea.
In November 2012, EIB, the European Bank for Reconstruction and Development and the World Bank had said they would support eastern European countries with €30 billion in the next two years.
From Warsaw Business Journal
Major wind farm deals approved by consumer watchdog
EBRD to focus on energy sector in Poland
Government sends mixed signals on foreign investments in shale gas
Poland closer to new energy law
Bright future for solar power in Poland
Donald Tusk the social democrat?
BY Remi Adekoya
The growing importance of the Arctic Council
BY Stratfor Global Intelligence