ORLEN Group invests in onshore wind portfolio

The ORLEN Group has entered into a conditional agreement with EDP Renewables Polska for the purchase of three wind farms in the Wielkopolska region with a total capacity of 142 MW.

Additionally, there is an option for photovoltaic development up to 159 MW that can be implemented, inter alia, on the basis of cable pooling. The farms launched in 2021 and 2022 can supply clean energy to as many as c. 240 thousand households annually. The assets being acquired are not only among the most modern, but also the most effective wind farms in Poland. They are powered, among others, by 4.2 MW turbines, one of the largest currently used in Poland. The transaction is expected to be finalised later this year. “We are executing one of the most significant transactions in the... ... More: Official Press Release ORLEN Group

Keywords:

ORLEN Group, EDP Renewables Polska, Poland, wind farm, onshore, portfolio, acquisition, sale, MW, household, investment