According to the Bank’s website, the project consists of an up to EUR 250 million non-recourse long-term senior loan in favour of Baltic Power Sp. z o.o. to finance the construction and operation of the 1.14GW Baltic Power offshore wind farm in Poland. The Bank's financing will be provided alongside multiple commercial banks, export agencies and development banks.
The Project is currently the most advanced under the first stage of offshore wind developments in Poland (covering 5.9 GW across 8 projects). Once constructed the Project is expected to generate 4 TWh annually of electricity, contributing approx. 2.8 million tonnes of CO2 savings annually. The Bank proceeds will be used to finance Project's capital expenditure.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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COMPANY CONTACT INFORMATION
+48 609 053 564
Baltic Power Sp. z o. o. ul. Bielanska 12, 00-085 Warsaw, POLAND
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html