The European Investment Bank (EIB) has provided two loans with the total value of some €128 million to Tauron Polska Energia company for overhauling of the electricity generation in South of Poland.

The €76m tranche will be used to finance the construction and commissioning high-efficiency hard coal-fired combined heat and power unit in Bielsko-Biala Power Plant, while the remaining funds will be used to support the construction and operation of a new biomass vessel at Jaworzno...