Secured financing for Jelenia Góra project

Energy One is a privately owned Polish developer in the renewable energy sector that has secured financing for the construction of a large scale solar project of 16MWp in the city of Jelenia Góra (southern Poland) from Bank Ochrony Środowiska S.A.

Special thanks to the whole Bank Ochrony Środowiska S.A. Team for leading financing of the project, in particular Mrs. Violetta Zagajewska and Mr. Pawel Paraszewski. Also many thank to SSW for their legal support, many thanks to our legal advisors: Mrs. Aleksandra Kulik, Mr. Tomasz Kwaśniewski, Mr. Grzegorz Filipowicz, and Mr. dr Szymon Okoń from SSW.

We would also like to thank the Mayor of Jelenia Góra Mr. Jerzy Łużniak and the city for their support.

Trinasolar and Sungrow Europe provided their excellent products: moduls Vertex 655 Bifacial dual glass and inverters Sungrow SG 350 HX.

The farm is expected to produce c. 18,000 MWh of green energy annually in the first years of operation, providing clean energy for approximately 8.000 households in Jelenia Góra and substantially reducing the CO2 emissions. The construction of the farm is underway.