Energa says it will consider bidding for local heating plants owned by EDF in Poland if they become available.
Polish power utility Energa has received a EUR195m ($254m) loan from the European Bank for Reconstruction and Development (EBRD) and local lenders PKO BP and ING Bank Slaski to help fund the modernization of its distribution network.
PGE SA and Energa SA, Poland’s largest energy producers, have made another significant step in replacing its coal power plant stock.
Plans to build a new 1 GW coal-fired power plant in Poland are moving ahead, with the bidding process for its construction completed this week.
Iberdrola has come closer to completing a $2.6bn plan to reduce debt, following the sale of its Polish units to PGE and Energa, in a deal worth $265m.