Posted By Global Banking and Finance Review
Posted on June 29, 2025

WARSAW (Reuters) -Polish power grid operator PSE will on Monday sign a deal to get a loan exceeding 10.8 billion zloty ($2.99 billion) from state-owned bank BGK to build new power transmission lines, the government press office said.
PSE had said in January its transmission network development plan for 2025-2034 assumes investment of over 64 billion zloty.
A fund set up by BGK and the Polish climate ministry in 2024 has earmarked 70 billion zloty from the European Union recovery funds to build and upgrade the country's power transmission network.
($1 = 3.6117 zlotys)
(Reporting by Marek Strzelecki; Editing by Chris Reese)