News
30 January 2020

EIB helps finance Polish heating network upgrades

In:
Traditional energy
Region:
Europe

The European Investment Bank has agreed financing to help Polish towns implement energy efficiency programmes. 

The EIB will lend PLN100 million (€23.2 million) to Bydgoszcz’s district heating operator, Komunalne Przedsiębiorstwo Energetyki Cieplnej, to finance the upgrade of the city’s district heating network and part of its energy generation system. The neighbouring municipalities - Solec Kujawski, Szubin, Nakło nad Notecią and Koronowo - will also benefit.

In total, 55km of old lines and 96 old substations will be retrofitted and 71km of new lines and 416 new substations will be constructed. Also, five high efficiency gas CHP engines will replace the existing coal fired units.

The EIB will also lend the same amount to Lublin’s district heating operator, Lubelskie Przedsiębiorstwo Energetyki Cieplnej, to help upgrade the district heating network.  In total, 33km of old lines and 211 old substations will be retrofitted and 28km of new lines and 355 new substations will be constructed.

In both cases, the EIB will finance up to 50% of the project costs.

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