• Poland Secures €189M Loan to Modernize Power Grid and Boost Energy Security

    Poland Secures €189M Loan to Modernize Power Grid and Boost Energy Security

    Poland’s power transmission system operator, Polskie Sieci Elektroenergetyczne (PSE), has secured an increased loan exceeding 800 million zlotys (€189 million) from the National Power Grid Reconstruction Plan (KPO), provided by Bank Gospodarstwa Krajowego (BGK), PSE announced. The loan carries a 0.5% interest rate and is scheduled for repayment by December 2050. The funds, sourced from the Energy Support Fund, part of Poland’s National Recovery and…