Poland Wants to Conquer Offshore Wind

Statoil has signed an agreement with Polenergia to acquire a 50 % interest in the two early phase offshore wind development projects in Poland, Baltyk Srodkowy III (BSIII) and Baltyk Srodkowy II (BSII).

The two projects have a planned capacity of 1200 MW with the potential to power more than 2 million Polish households. Statoil is also entering into a 50/50 joint venture with Polenergia to further mature these projects with Statoil being the Manager for the development, construction and operational phases. "We are very pleased to have entered into a partnership with Polenergia, which is an experienced energy company with a growing renewable portfolio and in-depth knowledge of the Polish electricity market. Statoil has an ambition to grow significantly... ... More: Official Press Release Statoil

Keywords:

Statoil, Polenergia, Poland, offshore, wind farms, development