Enea has signed a PLN 1 billion (EUR 231 million) investment loan agreement with the European Investment Bank (EIB), which will be used for investments in the distribution area. The investments co-financed by EIB for the development and modernisation of the distribution network will cover the period 2023-2025 and will be implemented in north-western Poland. The investment programme co-financed by the EIB includes, among others, the modernisation and construction of medium- and low-voltage power grids with a total length of almost 8,000 kilometres, connecting 140,000 new customers to the grid, increasing the rated capacity of transformers by 633 MVA, connecting 4.3 GW of new RES generation capacity and installing 2,400,000 smart meters.