Translated version of this PSD: Polish
The Project’s transition impact stems from three factors:
(i) the demonstration effect of new replicable behaviour and activities by helping to build the Project during the continuing regulatory uncertainty period in Poland and sending a strong demonstration signal of bankability of such projects,
(ii) setting standards for corporate governance and business conduct, through promoting progress towards meeting the EU’s green energy targets and the use of best environmental practices; and
(iii) expansion of a competitive market, through a market based approach to the sale of electricity and green certificates, and therefore contributing to increased liquidity and transparency of the Polish energy market.
“Grupa PEP – Farma Wiatrowa 1 Sp. z o.o.”, “Grupa PEP – Farma Wiatrowa 4 Sp. z o.o.” and “Grupa PEP – Farma Wiatrowa 6 Sp. z o.o.” private limited liability partnerships (together the “Borrowers” are special purpose companies incorporated in Poland and fully owned by the Polenergia S.A. (formerly Polish Energy Partners S.A.), a leading local renewable energy player and an independent energy producer, listed on the Warsaw Stock Exchange, approx. 66% indirectly owned by Kulczyk Investments Group.
Provision of a limited-recourse long-term financing denominated in Polish Zloty, in the amount of up to PLN 325 million (EUR 77 million equivalent), including PLN 33 million (EUR 8 million) for the extension, representing up to 35% of the total Project cost that will be used for the financing of construction and operation of the Project (incl. the extension). The remaining funding for the Project is provided by a co-lender and the Sponsor.
Approx. PLN 930 million (EUR 221 million, incl. VAT).
Environmental classification and rationale
- Gawłowice wind farm: Non-Technical Summary (English);
- Skurpie wind farm: Non-Technical Summary (English);
- Rajgród wind farm: Non-Technical Summary (English);
The Sponsor and the Borrowers will implement an ESAP (as agreed with the Sponsor) and an Environmental, Health and Safety Management System.
- The Borrowers will be required to provide the Bank with an annual environmental report, including updates on the ESAP (i.e. implementation status of the various projects) and summary of post construction monitoring as well as notification on any material accidents or incidents.
For project and financial matters, Mr Michal Kozlowski, Polish Energy Partners S.A., Tel: +48 22 390 81 00
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (firstname.lastname@example.org) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.