ORLEN Group reaches Final Investment Decision for Baltic Power OWF

The ORLEN Group has reached the Final Investment Decision (FID) to build Baltic Power, Poland’s first offshore wind farm. The project, set to bolster Poland’s energy system through the addition of nearly 1.2 GW in 2026, will be pursued in partnership with Canada’s Northland Power.

Baltic Power will deliver sustainable, accessible energy to an estimated 1.5 million households. The FID means that with all the requisite construction permits in place, all key components contracted and financing secured, the project is primed for execution. Moreover, as part of its ongoing efforts to facilitate offshore industry development, the Group has initiated the construction of an installation terminal in ?winouj?cie. “We stand at a pivotal point, both for the ORLEN Group and... ... More: Official Press Release ORLEN Group

Keywords:

ORLEN Group, Northland, construction, green energy, offshore, wind farm, Final Investment Decision, Baltic Sea, Poland