Tauron Polska Energia, an energy utility company, secured a PLN 268.7 million (~$74 million) loan from Bank Gospodarstwa Krajowego (BGK) under the National Recovery and Resilience Plan (NPR).
The financing will be used for the construction of two solar projects with a combined capacity of 120 MW, located in Mysłowice and Ogrodzieniec in Poland, along with the accompanying infrastructure.
The TAURON Group is among the first companies to sign an agreement to grant loans under the National Recovery Plan for the development of renewable energy projects. Tauron Polska Energia also signed an annex to the loan agreement under the KPO Cyfrowzacja with BGK, which increased the support by PLN 110 million (~$30.6 million).
The company has 14 wind and four solar projects, with a current portfolio capacity of 649 MW. The new renewable energy projects that have obtained operating permits in 2025 will add another 187 MW, increasing the total capacity by 28.8% to 836 MW. According to the company’s strategy adopted in December 2024, the installed capacity in renewable energy sources is expected to increase to 2.7 GW in 2030 and 4.3 GW in 2035.
Over the past 12 months, the TAURON Group has obtained almost PLN 18 billion (~$5 billion) in financing for development, including primarily for projects related to Renewable energy, modernization and expansion of distribution networks, and development of energy storage facilities.
According to Mercom’s 9M and Q3 2025 Solar Funding and M&A report, large-scale project funding increased by 43% in the first nine months of 2025 compared with the same period in 2024.
Recently, Technique Solaire Group, a France-based independent renewable energy power, closed a €40 million ($47.1 million) junior debt financing with BNP Paribas Asset Management to support the growth of the company’s solar projects located in France and internationally. The financing will facilitate the continuation of construction for two project portfolios comprising 626 solar projects totaling 392 MWp capacity.
