EIB grants $415m for Polish offshore wind farm Baltica 2
This funding will assist PGE and Ørsted in constructing two new large-scale offshore wind farms in the Baltic Sea region.
EBRD finances Baltica 2, the largest wind farm in the Baltic Sea
Baltica 2 is the second and the largest offshore wind project in the first phase of offshore rollout in Poland. It follows Baltic Power – Poland’s first offshore wind farm, which the EBRD also supported in 2023.
Hengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE
Hengeler Mueller is advising Danish energy giant Ørsted on the offshore wind farm project Baltica 2 in the Polish Baltic Sea. The firm is also advising on the 50/50 partnership with PGE Polska Grupa Energetyczna, who have taken the final investment decision (FID) for the project.
Ørsted and PGE take final investment decision on Baltica 2 Offshore Wind Farm
Baltica 2 is expected to be fully commissioned by the end of 2027. Ørsted and PGE are responsible for the full scope of the wind farm, including offshore transmission and substations. Baltica 2 will use the Port of Gdansk for the storage, pre-assembly, and offshore installation of wind turbine components.
Ørsted and PGE achieve FID for Baltica 2 offshore wind farm in Poland
The project will be built, owned and operated in a 50/50 partnership between Ørsted and Polska Grupa Energetyczna.
Baltica 2: Poland launches major offshore wind farm project
Prime Minister Tusk opened a major 30 billion PLN wind energy project in Warsaw on Thursday, emphasizing its importance for Poland’s future energy and environmental goals.
EBRD supports Poland’s green transition with €200M for Baltica 2 wind project
EBRD officials emphasized the project’s role in accelerating the decarbonisation of Poland’s economy and advancing Europe’s net-zero goals. The Baltica 2 project is being developed by Elektrownia Wiatrowa Baltica-2, a joint venture between Poland’s PGE and global offshore wind leader Orsted.
EIB Grants €400M Loan for Poland's Offshore Wind Farm to Boost Renewable Energy and Security
This loan is the largest contribution by any financial institution from its own resources to the Baltica 2 project, and forms part of a €1.4 billion package approved by the EIB, with backing from several EU climate and energy initiatives.
Ørsted, PGE commit to Baltica 2 wind farm development
COPENHAGEN - Ørsted A/S and Polish energy company PGE Polska (WA:PGE) Grupa Energetyczna have taken a final investment decision on the Baltica 2 Offshore Wind Farm, set to become Poland's largest renewable energy project.
EIB invests €400M in Poland’s largest offshore wind project
BAKU, Azerbaijan, January 31. The European Investment Bank (EIB) has signed a 400 million euro loan agreement with Polska Grupa Energetyczna (PGE) to support the development of Baltica 2, the largest offshore wind farm in the European Union, Trend reports.
Ørsted, PGE to build 1.5 GW offshore wind farm in Poland
News from 2025 January 31: Ørsted, PGE to build 1.5 GW offshore wind farm in Poland. Find the latest news from the maritime industry on the PortNews website.
Ørsted A/S: Ørsted and PGE take final investment decision on Baltica 2 Offshore Wind Farm
Investor News Ørsted and PGE have taken final investment decision (FID) on the 1.5 GW Baltica 2 Offshore Wind Farm, which will be built, owned and operated in a ...
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In 2025 Poland will observe breakthrough in its economy, Tusk says
The year 2025 will see a breakthrough in terms of Poland’s economy and security, Prime Minister Donald Tusk has said at the ...