PAK-PCE Stacje H2 will receive a PLN 20 million subsidy from the National Fund for Environmental Protection and Water Management for the construction of a network of hydrogen stations

PAK-PCE Stacje H2 – an indirect subsidiary of ZE PAK – has concluded an agreement with the National Fund for Environmental Protection and Water Management (NFOŚiGW) for a subsidy of PLN 20 million for the construction of a network of public hydrogen refueling stations in five cities in Poland, ZE PAK reported.

The subsidy was granted under the priority program of the National Fund for Environmental Protection and Water Management “Support for infrastructure for charging electric vehicles and infrastructure for refueling with hydrogen”, and the stations are to be built by June 30, 2024. The planned total cost of the project will amount to PLN 57.4 million.

The stations are to be built in Wrocław, Rybnik, Lublin, Gdańsk and Gdynia.

Pursuant to the agreement, the amount of co-financing may not exceed 34.85% of the eligible costs of the completed project.

The ZE PAK Group operates in the mining of lignite as well as the generation and sale of electricity and heat. The company has been listed on the Warsaw Stock Exchange since 2012. Its consolidated revenues amounted to PLN 2.45 billion in 2021.

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