ORLEN Group to invest PLN 3.5 billion in strategic programme to upgrade electricity distribution network

The ORLEN Group will implement a strategic investment program in the field of energy distribution networks, increasing the security and efficiency of electricity supplies in northern and central Poland. Financing for the program will be provided by the European Investment Bank (EIB), which has approved a PLN 3.5 billion loan to ORLEN to support the strategic development of its electricity distribution infrastructure, including renewable energy (RES) connections, network upgrades, and investments in smart grid technology. This EIB financing, offered on preferential terms compared to commercial banks, will significantly accelerate the implementation of plans in this area. The initial financing agreement signed is valued at PLN 900 million. The programme will be implemented by Energa Operator.

ORLEN Group finalises one of the largest transactions in the domestic renewable energy market

ORLEN Wind 3, a subsidiary of the ORLEN Group, has finalised a deal with EDP Renewables Polska to acquire two solar PV farms located in the Provinces of Zielona Góra and Poznań and a wind farm in the Province of Łódź. The newly acquired assets will increase the Group's renewable energy generation capacity by over 300 MW..

Baltic Power wind farm completes first onshore connection

In the Lubiatowo area, the first of four directional drills under the coastline, beach, and seabed has been successfully completed, with no direct impact on areas of high ecological value. This phase of the project paves the way for connecting the Baltic Power offshore wind farm to its onshore substation. The 1.4 km tunnel will house power transmission cables. The drilling was conducted using HDD (horizontal directional drilling) technology.