PGE and Ørsted form joint venture for 2.5 GW offshore wind farms in the Baltic Sea

PGE Polska Grupa Energetyczna and Ørsted signed an agreement to establish a 50/50 joint venture to develop, construct, and operate two offshore wind projects in the Baltic Sea with a total capacity of up to 2.5 GW. Ørsted will acquire 50% shares in the Baltica 3 (1 GW) and Baltica 2 (1.5 GW) projects for PLN 657 million.

“PGE Polska Grupa Energetyczna and Ørsted have signed an agreement to establish a 50/50 joint venture company for the development, construction and operation of two offshore wind projects in the Baltic Sea with a total capacity of up to 2,5 GW.”en.ceo.com.pl

• 1 source
• en.ceo.com.plPGE and Ørsted will jointly build offshore wind farms in the Baltic SeaRedakcjaFeb 10, 2021

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