Qair Polska has secured financing for the fourth large-scale photovoltaic farm in the municipality of Zimnodol. Construction will commence in the second quarter of 2024, with debt financing provided by a PLN 77 million loan from PFR Investment Fund FIZAN (“PFR”).
The 36 MW photovoltaic farm in Zimnodole is a part of Qair Polska’s investment portfolio expansion, aiming to support companies in achieving climate neutrality. This strategy aligns with PFR’s mission to support strategic areas of the Polish economy.
“Cooperation with PFR marks a new financing approach for us. Diversifying capital sources brings several advantages, including risk management and increased financing opportunities for future projects. This financing model also enables us to extend the benefits of energy transition to corporate energy customers without an investment rating, a group vital to the Polish economy but often lacking access to green energy,“ says Lukasz Zarzeczny, CFO of Qair Polska.
