Profil:
PKO BP SAPolish development bank and PKO BP lender sign consortium agreement in biogas/biomethane sector
Poland's largest lender by assets PKO BP and Poland's state development bank BGK PKO have signed a consortium agreement in the biogas and biomethane sector, PKO BP announced in a press release. The banks have granted a loan to Neo Biofuel Energy, which will be used by the company to purchase and develop agricultural biogas plants. The agreement is worth PLN 74 million (EUR 17.4 mln) and provides for the possibility of financing further projects.
As part of its strategy for 2025–2027, PKO BP declares that it intends to cover over 20 percent of the banking sector's expenditure on Poland's energy transition.
"The biogas sector uses only a few percent of its production potential in Poland. However, the prospects are very promising. According to forecasts, we can produce between 8 and 13 billion cubic metres per year and be one of the four leading producers of biogas and biomethane in Europe," said the head of regional project financing office at BGK Pawel Wojtowicz, quoted in the press release.
Neo Bio Energy, through NeoBiofuel Energy, has obtained nearly PLN 74 million (EUR 17.4 mln) from PKO BP and BGK. The funds will be invested in the development of three biogas plants in the Lublin and Silesia provinces, with a total capacity of 3.2 MW.
The company also plans to implement further investments. According to the agreement, the value of the syndicated loan may increase to PLN 217 million (EUR 51 mln). It plans to allocate it to a total of seven projects with a generation capacity of 12 MW at the time of purchase (24 MW after the planned expansion).
It has been reported that, assuming that the current regulations on support for the biogas and biomethane sector remain unchanged, Neo Bio Energy intends to increase its portfolio of fermentation biogas plants to 23 by mid-2026. The company already has eight such installations.
PKO BP, BGK and Neo Bio Energy signed a loan agreement on September 18, 2025.
alk/ ao/ nl/