European Energy Secures €33.3M from mBank to Power Two New Solar Farms in Poland
European Energy is set to expand its renewable footprint in Poland with the construction of two new solar farms, thanks to a €33.3 million financing deal secured with mBank. These projects, located in the regions of Pomerania and West Pomerania, will add a significant 70MW of clean energy capacity to the grid, contributing to Poland’s growing renewable energy landscape.
The Łobez PV Farm, with a capacity of 16MW, and the larger Dębnica Kaszubska PV Farm, boasting 54.2MW, have already entered the construction phase. Both projects are slated for completion by the fourth quarter of 2024, marking a major milestone in European Energy’s commitment to sustainable energy development. Olga Sypula, European Energy’s Country Manager for Poland, expressed her enthusiasm about the partnership: “Having an agreement with mBank allows us to secure these two new solar farms in Poland and will play a crucial role in the renewable energy buildout in Poland.” Upon completion of these projects, European Energy will reach an impressive 200MW of operating renewable energy capacity in Poland, reinforcing its leadership in the country’s transition to green energy. This investment not only underscores European Energy’s dedication to expanding its solar portfolio but also highlights the growing momentum behind Poland’s renewable energy ambitions. #EuropeanEnergy #RenewableEnergy #SolarPower #Poland #GreenGrowth #SustainableFuture #CleanEnergy #SolarFarms #EnergyTransition #EcoInnovation