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POWER: PGE to Close Financing for 1.5GW Baltica 2 in Nov

POWER

PGE is expected to close its €20bn of financing for its 1.5GW Baltica 2 offshore wind farm in November, Dariusz Marzex said at a conference, cited by Reuters.

  • The unit is expected to be operational by the end of 2027 and will be followed by the 1GW Baltica 3 in 2030.
  • The projects are being built by PGE and Orsted.
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PGE is expected to close its €20bn of financing for its 1.5GW Baltica 2 offshore wind farm in November, Dariusz Marzex said at a conference, cited by Reuters.

  • The unit is expected to be operational by the end of 2027 and will be followed by the 1GW Baltica 3 in 2030.
  • The projects are being built by PGE and Orsted.