The European Bank for Reconstruction and Development (EBRD) has invested PLN 43 million (€10 million equivalent) in bonds issued by Dekpol S.A, a prominent Polish manufacturing and construction group.
Green Investment for Carbon Neutrality
Participating in a private placement of a PLN 225 million bond issuance, the EBRD targets green investments aimed at supporting Dekpol's transition to carbon neutrality. At least 50% of the EBRD's investment will specifically finance green projects to reduce Dekpol's operational carbon emissions. These projects include:
- Construction of an on-site photovoltaic farm
- Installation of energy-efficient machinery
- Rollout of green products
- Construction of BREEAM-certified, energy-efficient buildings
Significant Decarbonisation and Innovative Solutions
This ambitious green investment program will substantially decarbonize Dekpol's operations. In addition, the group is introducing a new modular construction system. Compared to traditional methods, this system is more resource- and energy-efficient and aligns with European Union (EU) environmental standards. This innovation not only boosts Dekpol's competitive edge but also positions it as a key player in the steel-elements industry, particularly for the expanding offshore sector.
Statements from Key Figures
Frederic Lucenet, EBRD Head of Manufacturing and Services, emphasized the focus on financing decarbonisation in all industrial investments, stating: “Dekpol deploys innovative sustainability solutions in its sector that we are proud to support.”
Katarzyna Szymczak-Dampc, Vice President of the Management Board and CFO at Dekpol, expressed her gratitude: "We are extremely honoured to have a renowned institution such as the EBRD among our investors. It is a clear indication that the Group's actions and plans in ESG-related areas are moving in the right direction."
About Dekpol
Dekpol is a diversified Polish group operating in manufacturing and construction, recognized as one of the largest producers of steel buckets for construction equipment in Europe and a key player in Poland’s construction sector. The company is listed on the Warsaw Stock Exchange.
Role of Michael/Ström Dom Maklerski S.A.
The private placement and bond sale were managed by Michael/Ström Dom Maklerski S.A., a leading corporate bond broker in Poland.
EBRD's Commitment to Poland
The EBRD remains a leading institutional investor in Poland, having invested over €14 billion in 527 projects since beginning operations in the country in 1991. In 2023 alone, the Bank invested a record €1.3 billion in Poland, highlighting its ongoing commitment to the nation's economic and environmental development.
For more updates on Dekpol's green initiatives and EBRD's investments, stay tuned to our latest news and reports.
