Current reports
Current report no. 3/2025
Conclusion of a loan agreement by CCGT sp. z o.o.
Legal basis:
Art. 17 sec. 1 of MAR - inside information
Content of the report:
ZE PAK SA ("Company") informs that on April 25, 2025, CCGT sp. z o.o. (a subsidiary of the Company) ("Borrower") signed a loan agreement ("Agreement") with the EFG bank with its registered office in Luxembourg, under which a loan in the amount of up to PLN 600 million ("Loan") will be made available to the Borrower.
The bridge financing obtained is to ensure that the company will be able to continue its investment project concerning the construction of a 560 MW gas-fired unit (CCGT) on the site of the former Adamów power plant. In December 2021, the investment won the capacity market auction, obtaining 17-year support in the form of payments for introducing 493 MW of capacity into the power system.
The loan bears interest on market terms based on the WIBOR reference rate increased by a margin. The Loan repayment date is December 31, 2025.
Signatures of persons representing the Company:
Piotr Woźny – President of the Management Board
Maciej Nietopiel – Vice President of the Management Board
Andrzej Janiszowski – Vice President of the Management Board