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The Warsaw Voice » Business » March 21, 2014
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Tauron inks deal with state investments vehicle on power block financing
March 21, 2014   
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Power group Tauron signed an agreement with Poland's investment vehicle PIR, securing PLN 750 million financing for its combined-cycle power block at the Lagisza power plant estimated at over PLN 1.5 billion, Tauron said in a press statement on Thursday.

Tauron wants to build a 413 MWe and 266 MWt combined-cycle block at the Lagisza power plant in southern Poland by 2018.

At present the firm is conducting preparatory works on selecting a contractor as well as works aimed at optimizing supply of natural gas for fuelling the block.

The block will replace 120 MW coal-fueled blocks at Lagisza, which will be switched off in 2017, CEO Dariusz Lubera said as cited in the press statement.
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