The European Bank for Reconstruction and Development (EBRD) has approved a senior secured loan of up to $100 million for Tele-Fonika Kable (TFKable). As a result, the funding supports cable manufacturing investments tied to grid modernization and renewable energy infrastructure.
In addition, the financing extends a long-standing relationship between EBRD and the Polish producer. At the same time, it highlights the growing role of development banks in expanding Europe’s high- and medium-voltage cable capacity.
Supporting Grid Investment
The loan was approved on May 26. It is part of a broader financing package totaling about $645 million.
According to EBRD, the funding will support expansion at TFKable’s Bydgoszcz facility. This plant produces cables for offshore wind farms, transmission projects, and grid reinforcement.
As Europe accelerates renewable energy deployment, demand for infrastructure continues to grow. Therefore, investment in grid upgrades and cable capacity is becoming increasingly important.
Continued Financing Relationship
The latest loan builds on earlier EBRD support. For example, the bank provided financing in 2019 and 2021 to expand the Bydgoszcz facility and strengthen the company’s financial position.
Then, in 2023, EBRD approved additional funding through its Green Power Cables program. This investment supported R&D and production capacity for renewable energy cable products.
As a result, TFKable has expanded its presence in high-voltage land and subsea cable markets. In turn, it has supported major offshore wind and transmission projects.
Founded in 1992 and based in Myślenice, TFKable operates four plants in Poland and one in Serbia. It serves customers in more than 80 countries.
Broader Industry Support
TFKable is one of several manufacturers backed by EBRD. In recent years, the bank has increased its focus on the wire and cable sector.
For instance, in 2025, EBRD funded Artikul Aziya Kabel and Techno Cable Group in Uzbekistan. These investments support grid expansion and renewable energy infrastructure.
Similarly, in 2024, EBRD helped finance the expansion of Fulgor, part of Hellenic Cables, to boost high-voltage subsea cable production.
Other recent borrowers include subsidiaries of Elsewedy Electric and Mega Metal.
Financing Reflects Demand Growth
More broadly, EBRD’s lending strategy now emphasizes grid modernization, renewable integration, and energy security.
Consequently, access to long-term capital is becoming a key competitive advantage. Manufacturers must scale production to meet rising demand for transmission, offshore wind, and energy infrastructure.
In this context, the TFKable financing shows how strategic funding can support both capacity expansion and long-term growth.
