EBRD Invests €10 Million In Green Bonds For Poland’s Dekpol To Support Carbon Neutrality Transition

The European Bank for Reconstruction and Development (EBRD) has made a significant investment of PLN 43 million (€10 million equivalent) in bonds issued by Dekpol S.A, a renowned Polish manufacturing and construction group. The investment, part of a PLN 225 million bond issuance, is earmarked for green initiatives aimed at facilitating Dekpol’s transition to carbon neutrality.

A substantial portion of the EBRD’s investment will be allocated to finance green projects focused on reducing Dekpol’s operational carbon emissions. These initiatives encompass the establishment of an on-site photovoltaic farm, the adoption of energy-efficient machinery, the introduction of green products, and the construction of BREEAM-certified, energy-efficient buildings. This ambitious green investment strategy is poised to significantly decarbonize Dekpol’s operations.

Additionally, Dekpol is spearheading a novel modular construction system that prioritizes resource- and energy-efficiency, aligning with EU environmental standards. This investment is expected to enhance Dekpol’s competitiveness and bolster its position in the steel-elements industry, particularly in the burgeoning offshore sector.

Frederic Lucenet, EBRD Head of Manufacturing and Services, underscored the institution’s commitment to financing decarbonization efforts in industrial sectors, commending Dekpol’s innovative sustainability endeavors. Katarzyna Szymczak-Dampc, Vice President of the Management Board and CFO at Dekpol, expressed gratitude for EBRD’s investment, affirming the alignment of Dekpol’s ESG initiatives with the bank’s objectives.

Dekpol, a prominent Polish conglomerate operating in manufacturing and construction, boasts a robust presence in Europe’s steel bucket production for construction equipment and holds a pivotal position in Poland’s construction landscape. The private placement of bonds, facilitated by Michael/Ström Dom Maklerski S.A., signifies a milestone in Dekpol’s pursuit of sustainable growth.

EBRD’s investment underscores its role as a leading institutional investor in Poland. With a track record dating back to 1991, the Bank has channeled over €14 billion into 527 projects in Poland, exemplifying its commitment to fostering sustainable development and economic growth in the country.