Polska 54 million to build two farms
Investment & financeschedule 21 August 2023
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Pad Res has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 mln. The funding will be allocated to the construction of two photovoltaic farms, with a combined capacity of 117 MW, in northern Poland.
The financing secured from PFR will be used for two new Pad Res' investments in the Pomeranian Voivodeship, specifically near the towns of Sztum and Mikołajki Pomorskie. The planned photovoltaic farms will cover an area of about 140 hectares and have a total target capacity of 117 MW, enabling up to 65,000 Polish households to be supplied with clean energy. Through this cooperation, the partners will pursue sustainable development goals, promoting green energy sources and reducing CO2 emissions
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