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Polish power grid to get $3 billion loan to build transmission lines

Published by Global Banking & Finance Review

Posted on June 29, 2025

1 min read

· Last updated: January 23, 2026

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WARSAW (Reuters) -Polish power grid operator PSE will on Monday sign a deal to get a loan exceeding 10.8 billion zloty ($2.99 billion) from state-owned bank BGK to build new power transmission lines,

Poland Secures $3 Billion Loan for New Power Transmission Lines

WARSAW (Reuters) -Polish power grid operator PSE will on Monday sign a deal to get a loan exceeding 10.8 billion zloty ($2.99 billion) from state-owned bank BGK to build new power transmission lines, the government press office said.

PSE had said in January its transmission network development plan for 2025-2034 assumes investment of over 64 billion zloty.

A fund set up by BGK and the Polish climate ministry in 2024 has earmarked 70 billion zloty from the European Union recovery funds to build and upgrade the country's power transmission network.

($1 = 3.6117 zlotys)

(Reporting by Marek Strzelecki; Editing by Chris Reese)

Key Takeaways

  • PSE to sign a $3 billion loan deal with BGK.
  • Loan to fund new power transmission lines in Poland.
  • Investment part of a larger 64 billion zloty plan.
  • BGK and climate ministry fund supports the project.
  • EU recovery funds contribute to the investment.

Frequently Asked Questions

What is the amount of the loan secured by PSE?
Polish power grid operator PSE will secure a loan exceeding 10.8 billion zloty, which is approximately $2.99 billion.
What is the purpose of the loan from BGK?
The loan from state-owned bank BGK is intended to fund the construction of new power transmission lines.
What is the total investment planned for the transmission network?
PSE's transmission network development plan for 2025-2034 assumes an investment of over 64 billion zloty.
What funding source is being utilized for the power transmission network upgrades?
A fund established by BGK and the Polish climate ministry has earmarked 70 billion zloty from the European Union recovery funds for this purpose.
When will the loan agreement be signed?
The loan agreement will be signed on Monday, as stated in the article.

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