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        KRONOSPAN RENEWABLE ENERGY INVESTMENT

        Summary sheet

        Release date
        19 May 2026
        Reference
        20250598
        Project name
        Promoter - financial intermediary
        KRONOSPAN RENEWABLE ENERGY INVESTMENT
        KRONOSPAN PLC
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 92 million
        EUR 123 million
        Location
        Sector(s)
        • Energy - Electricity, gas, steam and air conditioning supply
        Description
        Objectives

        The project consists of a ground mounted solar photovoltaic plant (PV) (95.8 MW) and co-located battery energy storage (48MW) (total CAPEX 122mEUR) in Poland.

        The aim is to allow the promoter to decrease the carbon footprint of its manufacturing sites by increasing electricity generation from solar PV plants.

        Environmental aspects
        Procurement

        The programme schemes are expected to have limited environmental impacts. None of the investment schemes is expected to require an Environmental Impact Assessment (EIA) under Directive 2014/52/EU (amending Directive 2011/92/EU). The Promoter is expected to apply sound environmental and social management procedures.

        The Promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement. The company applies private procurement procedures following good business practices.

        Related projects
        Parent project
        KRONOSPAN RENEWABLE ENERGY

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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