PGE and Ørsted have closed a joint venture agreement for Polish offshore wind projects. PGE and Ørsted now each own 50 percent of the shares in the offshore wind projects Baltica 2 and Baltica 3, together comprising the Baltica Offshore Wind Farm, the largest offshore wind project in the Polish part of the Baltic Sea.
The partners will jointly build and operate the offshore wind farms, which will have a total installed capacity of up to 2.5 gigawatts.
“PGE, as the largest producer of electricity in Poland, with extensive experience in the domestic energy sector, has invited one of the leaders in the global offshore wind energy market to jointly develop, construct and operate offshore wind projects,” said Wojciech Dąbrowski, president of the management board at PGE. “The combination of the knowledge and experience of Ørsted and PGE provides a solid foundation for the implementation of such an important investment in the domestic economy, which is the construct
