BaltCap Infrastructure Fund to upgrade sports infrastructure in Poland
BaltCap Infrastructure Fund portfolio company IZIM and the urban municipality of Lubań signed a Public-Private Partnership (PPP) agreement to modernise a sports hall and a swimming complex in Lubań, Poland. The PLN 20 million project aims for increased energy efficiency and is to be completed in September 2023.
The main aim of the project is to create the residents of Lubań an up-to-date sports complex that meets the latest industry standards. The current sports hall and related indoor swimming pool are modernised and functionally expanded; also, the energy class of the existing buildings will be increased. After the upgrade, the facilities’ thermal and electric energy consumption and related CO2 emissions will be considerably reduced.
Under the contract, IZIM will be responsible for the entire project, financing, and technical maintenance of the facilities, particularly energy management. The agreement was signed for a period of ten years.
Arkadiusz Słowiński, mayor of Lubań, emphasised that the modernisation of the sports hall and swimming pool at the City Sports and Recreation Centre in Lubań is a significant investment that will considerably improve Lubań’s recreational and sports offering. “I am glad that the new, energy-efficient infrastructure will be ready in less than two years. Furthermore, the public-private partnership model allows to implement the project quickly and cost-effectively,” said Słowiński.
Maciej Kopański, Investment Director at BaltCap Infrastructure Fund, claimed they aim to provide the residents of Lubań with an up-to-date sports complex that meets the latest industry standards.
“The collaboration with the city of Lubań is yet another PPP project being implemented by IZIM and BaltCap in Poland. Our dedicated team has the relevant experience and competence to carry out the project. In addition, our solid, long-term relations with leading suppliers allow us to guarantee the highest quality and efficiency of the technical solutions,” Kopański confirmed.
Lubań is situated in the western part of the Lower Silesia voivodship, on the touchpoint of two historical regions: Upper Lusatia and Lower Silesia. Vital communication routes to the nearby German and Czech borders pass through the city. The city of Lubań is located on 16.12 square kilometres and has approx. 20 000 residents.
IZIM is a specialised entity owned by BaltCap Infrastructure Fund that helps local governments and other public-sector entities prepare, finance and implement complex investments related to public infrastructure, particularly in the public-private partnership (PPP) formula.
Additional information:
Maciej Kopanski
Investment Director
BaltCap Infrastructure Fund
maciej.kopanski@baltcap.com