| Project Detail |
The provision of a senior secured loan in the amount of PLN 60 million to TELE-FONIKA Kable S.A., the largest cable and wire producer in Central and Eastern Europe with headquarters in Poland. The loan will be used to co-finance the construction of a facility in Bydgoszcz, Poland, for medium and high voltage (MV&HV) cables, dedicated to renewable energy sources (mainly offshore windfarms).
Project Objectives
The Project will increase the production efficiency of TFK and will create an additional production capacities in medium and high voltage (MV&HV) cables. These improvements are essential to address the increasing market demand driven by the transformation of the energy sources shifting towards renewables. The new technology will also allow TFK to (i) offer more advanced products e.g. higher voltage cables as well as (ii) continue further R&D activities. |
