2021-10-16
http://w3.windfair.net/wind-energy/news/36783-orsted-pge-poland-offshore-developer-wind-farm-joint-venture-construction-operation-baltic-sea-capacity-committment

Polish Offshore Wind Development Gets Push

Image: ØrstedImage: Ørsted
Ørsted and PGE have signed an agreement to form a 50/50 joint venture for the development, construction and operation of Polish offshore wind farms Baltica 2 and 3.

Official Press Release Ørsted :

Ørsted and PGE form 50-50 joint venture on Baltica 2 and 3

Wind Industry Profile of
Ørsted and PGE form 50-50 joint venture on Baltica 2 and 3

Ørsted and PGE Polska Grupa Energetyczna S.A. (‘PGE’) have signed an agreement to form a 50/50 joint venture for the development, construction and operation of two offshore wind projects in the Baltic Sea with a total potential capacity of up to 2.5 GW.

Ørsted will subscribe for new shares representing 50% of the total share capital in PGE’s two offshore wind projects, Elektrownia Wiatrowa Baltica-3 sp. z o.o. (‘Baltica 3’) and Elektrownia Wiatrowa Baltica-2 sp z o.o. (‘Baltica 2).  Baltica 3 has a capacity of approximately 1 GW and Baltica 2 has a capacity of approximately 1.5 GW. The subscription price for the newly issued shares in Baltica 2 and 3 will amount to a total of PLN 657 million. Both projects are eligible to be... ... More: Official Press Release Ørsted

Keywords:
Ørsted, PGE, Poland, offshore, developer, wind farm, joint venture, construction, operation, Baltic Sea, capacity, committment







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