Re Alloys has obtained financing for construction of the Wind Farm.

The company has just reached another significant milestone on their path to zero emission, as it has secured funding for their first 35 MW wind farm to be constructed in Dzwola, the Lublin Province.

The project’s financial partners are: PKO Bank Polski, a leading Polish bank, which granted an investment facility of EUR 53.89 million and a VAT facility of PLN 32.3 million, and Sienna Private Credit, a French private debt specialist with a dedicated Energy Transition expertise, which granted a EUR 15.8 million loan. This transaction is the first investment of Sienna Private Credit in Poland. 

The erection of the Dzwola wind farm is an essential part of the Re Alloys Going Green strategy. Its key objective is to run its own renewable energy projects and to address 100% of energy needs by emission-free sources. The Re Alloys Going Green approach is the linchpin and hallmark of the measures we take for environmental protection. At the same time, it fits with the company’s social responsibility policy. Re Alloys is an enterprise of very high energy consumption, therefore the transition into renewable energy sources will give us a chance to avoid CO2 emission comparable to the emission of a city of hundreds of thousands of inhabitants. What is more, our own renewable energy sources will help us achieve energy independence, what, in turn, will translate into the growth of the company and maintaining high-quality jobs in times of uncertainty and a significant energy price increase.