Hengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE
Hengeler Mueller is advising Danish energy giant Ørsted on the offshore wind farm project Baltica 2 in the Polish Baltic Sea. The firm is also advising on the 50/50 partnership with PGE Polska Grupa Energetyczna, who have taken the final investment decision (FID) for the project.
Ørsted and PGE take final investment decision on Baltica 2 Offshore Wind Farm
Baltica 2 is expected to be fully commissioned by the end of 2027. Ørsted and PGE are responsible for the full scope of the wind farm, including offshore transmission and substations. Baltica 2 will use the Port of Gdansk for the storage, pre-assembly, and offshore installation of wind turbine components.
Baltica 2 is the second and the largest offshore wind project in the first phase of offshore rollout in Poland. It follows ...
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Poland breaks ground on massive offshore wind power projectThe project is estimated at 30 billion zlotys ($7.4 billion) and is a key part of Poland's energy transition strategy. The ...
This loan is the largest contribution by any financial institution from its own resources to the Baltica 2 project, and forms part of a €1.4 billion package approved by the EIB, with backing from ...
Sweden has quashed plans for 13 offshore wind farms in the Baltic Sea over concerns that they could impede its ...
The Lithuanian Ministry of Energy has proposed temporarily suspending the ongoing tender for a 700 MW offshore wind farm in ...
French developer Oxan won Estonia’s first floating wind tender and will now advance a project of up to 900MW off the Baltic Sea nation. Oxan will develop the project with partner SNOW, a ...
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How to choose the optimal location for wind turbines in the North SeaThousands of wind turbines will be added to the North Sea in the next decades. Environmental scientist Chen Li identified the ...
Swedish Authorities Board Ship Seized Over Baltic Sea Cable Breach By Johan Ahlander ... "That's not very strong wind. It's well below the 14 metres per second that is the threshold for a gale ...
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