Poland’s Coal-Dependent Power Groups See Banks Easing Lending After Period of Stalled Credit

Poland’s coal-dependent power utilities are finding it easier to obtain funding as banks are more keen to finance their transition to cleaner energy after a period of stalled lending.

Until recently, lenders were limiting their exposure to coal-burning utilities citing their environmental, social, and governance policies. Now, with the US institutions reversing their approach, the situation has begun to change elsewhere, too.