EBRD POLAND
January 1st, 2005
KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend up to Euro 55 million to Poland's Dalkia Polska to help finance its acquisition of ZEC Lodz, a district heating and cogeneration utility for the Polish city of Lodz. This equity acquisition is a co-investment with Dalkia International, the French utility, which owns Dalkia Polska with the EBRD and Russia's ZIS. ZEC Lodz controls one of the largest co-generation facilities in Poland and is currently being privatised; it has three operating cogeneration plants and a piping ...
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