The European Investment Bank (EIB) has signed an agreement to provide €700 million for the construction of two large-scale offshore wind farms developed by Norway’s Equinor and Poland’s Polenergia off the Polish coast of the Baltic Sea. The twin Bałtyk 2 and Baltyk 3 wind farms will have a shared capacity of 1.44 GW and are expected to go online fully in 2028.
Located some 30 kilometres off the Polish coastal towns of Ustka and Łeba, the two fixed-bottom wind farms will consist of a hundred wind turbines of 14.4 MW each. Primarily supplied by European companies, the JV between Equinor and Poland’s largest private energy group Polenergia will also contribute to modern development of the EU’s cohesion regions.
