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PKN Orlen SAEnerga-Operator to receive over PLN 157 mln in funding for investments in distribution
Energa-Operator, the unit of Poland's largest energy concern Orlen's subsidiary - Energa, will receive more than PLN 157 million (EUR 36.6 mln) in funding for investments in distribution infrastructure under the EU's Funds for Infrastructure, Climate and Environment FEnIKS 2021-2027 programme, the company said in a press release.
As stated, the effect is expected to be an increase in the reliability of electricity supply for the inhabitants of northern and central Poland, the possibility of connecting renewable energy sources with a capacity of approximately 285 MW and the development of intelligent distribution networks.
As part of the project, the company will carry out investments worth a total of nearly PLN 200 million (EUR 46.6 mln).
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