We have reached another important milestone in the implementation of the Re Alloys Going Green strategy. We have secured financing for the construction of our first 35 MW wind farm in Dzwola, in the Lublin Voivodeship.
The project’s financial partners are PKO Bank Polski, Poland’s largest bank, which has provided an investment loan of EUR 53.89 million and a VAT loan of PLN 32.3 million, and Sienna Private Credit, a French institution specialising in private debt financing, with experience in funding energy transition projects. Sienna Private Credit has provided a loan of EUR 15.8 million. This transaction marks Sienna Private Credit’s first investment in Poland. We would like to thank our partners for their trust and support in delivering this project.
The construction of the Dzwola Wind Farm is an important part of the Re Alloys Going Green strategy, which focuses on developing renewable energy and energy efficiency projects. The project aims to increase the share of energy generated from renewable sources and support Re Alloys’ efforts to achieve greater energy independence.
Re Alloys is an energy-intensive company, making the development of its own renewable energy sources a key priority in its energy and investment strategy. The investment is also expected to support energy cost stability and the company’s continued growth.