The European Bank for Reconstruction and Development (EBRD) has approved a senior secured loan of up to $100 million for Tele-Fonika Kable (TFKable), reinforcing the bank’s continued support for cable manufacturing investments tied to grid modernization and renewable energy infrastructure.
The financing extends a long-standing relationship between EBRD and the Polish cable producer while highlighting the growing role development banks are playing in expanding Europe’s high- and medium-voltage cable manufacturing capacity.
EBRD loan supports grid modernization investment
Approved on May 26, the loan forms part of a broader financing package valued at approximately $645 million.
According to EBRD, the funding will support TFKable’s expansion of high- and medium-voltage cable production at its Bydgoszcz manufacturing facility, a key plant producing cables for offshore wind farms, transmission projects and grid reinforcement.
The investment aligns with increasing demand for power infrastructure as Europe accelerates renewable energy deployment and electrical grid upgrades.
Long-term financing relationship continues
The latest financing follows multiple previous EBRD investments in TFKable.
The bank provided financing in 2019 and 2021 to support expansion of the Bydgoszcz facility and strengthen the company’s financial position. In 2023, EBRD also approved financing through its Green Power Cables program to support research, development and production capacity for renewable energy cable products.
Those investments have helped TFKable expand its position in high-voltage land and subsea power cable markets while supporting projects across offshore wind and transmission infrastructure.
Founded in 1992 and headquartered in Myślenice, TFKable operates four manufacturing plants in Poland and one in Serbia, supplying customers in more than 80 countries.
EBRD financing extends across cable sector
TFKable is one of several cable manufacturers that have received financing from EBRD in recent years.
The bank approved funding in 2025 for Artikul Aziya Kabel and Techno Cable Group in Uzbekistan to support production for grid expansion and renewable energy infrastructure.
In 2024, EBRD also participated in financing the expansion of Fulgor, part of the Hellenic Cables business, to increase high-voltage subsea cable production.
Other recent wire and cable industry borrowers have included subsidiaries of Elsewedy Electric and Mega Metal.
Financing reflects growing infrastructure demand
EBRD said its lending strategy increasingly emphasizes projects supporting electrical grid modernization, renewable energy integration and energy security.
The latest TFKable financing illustrates how access to long-term capital is becoming an important competitive advantage as manufacturers expand capacity to meet growing demand for transmission, offshore wind and other energy infrastructure projects.
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