The loan agreement is part of the commitment by EIB to lend altogether 230 million Euros to Stora Enso for research and development and the Ostroleka power plant project.“We have a long and good relationship with EIB, and we are delighted that through this agreement EIB is supporting our power plant project to improve Ostroleka mill's energy self-sufficiency and energy efficiency," said Stora Enso CFO Markus Rauramo."Along with the Langerbrugge and Maxau mills energy investments, the Ostroleka power plant is one of our biggest cost improvement investments this year at our mills in Europe. The terms of the loan are very competitive,” Rauramo continued.The Ostroleka power plant, which will be completed this year, will further improve the cost competitiveness of Stora Enso's operations in Poland. The total investment in the Ostroleka power plant is estimated at 137 million Euros.