TAURON, Poland's largest electricity distributor, has signed new financing agreements worth nearly 1.41 billion USD (5.2 billion PLN) with the Bank Gospodarstwa Krajowego (BGK), unlocking one of the most significant energy infrastructure investments in the country's history.

The funding--granted through the National Recovery and Resilience Plan (KPO)--includes 1.34 billion USD (4.87 billion PLN) to modernise Poland's electricity grid and an additional 72.6 million USD (310 million PLN) to support large-scale digitalisation.

The company plans to upgrade and expand over 27,000 km of power lines, build thousands of new transformer stations, and install 2.3 million smart meters by 2030. The goal is not only to increase reliability and efficiency but to prepare the grid for the integration of renewables and battery storage--with 1.9 GW of new clean energy sources and 2.8 GW of energy storage systems expected to come online.

Grzegorz Lot, CEO of TAURON, said the investment will fast-track Poland's energy transition and directly impact the affordability of power for consumers.

Krzysztof Gawkowski, Deputy Prime Minister and Minister of Digital Affairs, called the digital component a "strategic layer of national resilience," while Miłosz Motyka, Minister of Energy, emphasised that modernisation will reduce transmission losses and strengthen grid security.

Prof. Marta Postuła of BGK noted that these are not just infrastructure upgrades but a structural shift in how Poland delivers, manages, and safeguards its energy.

It's the first time a Polish energy utility has accessed such funding under KPO's "Advanced Digital Transformation" instrument--backed by 0.5% interest rates and 20-year terms.

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