PKN Orlen has received a new €250 million loan from the European Bank for Reconstruction and Development (EBRD), Reuters reports. The loan was offered to restructure the Polish refiner’s old coal-fired heat and power plant in Plock.
The revamp is expected to bring a 90% decrease in emissions and a 20% increase in its capacity. The Polish government is seeking to start two nuclear plants, while its utilities are moving to cleaner gas-fired technologies.
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