DNV Advises PGE Baltica on Setup of a JV with Ørsted

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DNV advises PGE Baltica on setup of a joint venture structure to develop, build and operate two offshore wind plants in the Baltic Sea

DNV, the independent energy expert and assurance provider, has been retained by PGE Baltica (a subsidiary of PGE Capital SA, responsible for offshore wind developments) for the provision of technical and commercial advisory services in connection to setting up a joint venture structure between PGE (Polska Grupa Energetyczna S.A.) and Ørsted for the development of two offshore wind projects in the Baltic Sea with a total potential capacity of up to 2.5 GW. Following the passing of Poland’s first Offshore Wind Act in January this year, it is expected that these offshore wind farms would play a key role in energy transformation of... ... More: Official Press Release DNV

Keywords:

DNV, advisor, PGE Baltica offshore, Poland, wind farm, Baltic Sea, developer, service, joint venture, Ørsted, development, CO2, emissions, GW