The first Polish offshore wind farm, being built in the Baltic Sea about 23 km from shore off Choczewo and Łeba by a joint venture company in which Grupa ORLEN holds 51% and Canada's Northland Power 49% of shares. The project, with a capacity of about 1.1–1.2 GW, comprises 76 Vestas turbines with a unit capacity of 15 MW, and its total budget was estimated at about EUR 4.73 billion, with project finance from 25 institutions. Construction began in October 2023; on 10 July 2026 the farm delivered electricity to the Polish grid for the first time, with 54 of 76 turbines installed, and full commercial operation is planned for the second half of 2026.
How it went
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Timeline
- Construction startOct 2023
- Original date2026
- Current date2026
Change history
- 10 Jul 2026stage: commissioning
- 11 Oct 2023stage: construction
Significance
Once fully operational, the farm is to supply clean electricity for more than 1.5 million households in Poland. As the first offshore wind farm in the Polish part of the Baltic Sea, it opens a new sector of the national power industry and is the largest project of its kind completed so far in Central Europe.
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- [1]Northland's Baltic Power Reaches First Power Delivering First Offshore Wind Electricity to Poland's Grid ↗archived ✓Northland Power10 Jul 2026StatusStageCurrent dateInvestorStage historyDelivery
Status · Current dateon track for commercial operations in the second half of 2026
Stage · Stage historyNorthland’s Baltic Power Reaches First Power Delivering First Offshore Wind Electricity to Poland’s Grid
Investorowned 49% by Northland and 51% by ORLEN
Locationapproximately 23 kilometres off the Polish coast near Choczewo and Łeba
DeliveryOffshore installation and commissioning activities continue, with 54 of the project’s 76 turbines installed.
- Baltic PowerSignificance
Significancesupply clean electricity to more than 1 ,5 million households in Poland
- [3]Baltic Power embarks on construction of Central Europe's largest green energy project ↗archived ✓Baltic Power11 Oct 2023CostConstruction startOriginal dateStage history
CostThe overall project budget is estimated at approximately EUR 4.73bn
Construction startBaltic Power embarks on construction of Central Europe's largest green energy project
Original dateWithin three years, we will launch the first offshore wind farm in Poland
Stage historyAs Northland, in collaboration with our partner ORLEN, we are delighted to commence the construction phase of the Baltic Power project.
- [4]SSW doradzalo Baltic Power przy finansowaniu i rozwoju pierwszego w Polsce projektu morskiej energetyki wiatrowej o wartosci 4,7 mld euro ↗archived ✓SSW Pragmatic Solutions22 Sep 2023FundingOriginal date
FundingFinansowanie o wartości ponad 4,4 mld EUR zostanie zapewnione przez grupę 25 instytucji finansowych
Original dateBudowa farmy wiatrowej rozpocznie się w 2023 roku, a projekt ma zostać uruchomiony w 2026 roku.
- [6]hlc.com ↗
- Funding
Fundingthe CfD is awarded at PLN 319.60 per MWh for up to 25 years and is adjusted to annual indexation by Poland's annual average consumer price index.
- Funding
FundingGreen Giraffe Advisory has advised the sponsors, Northland Power and ORLEN, on the EUR 4.4 bn non-recourse project financing consisting of EUR 3.6 bn of term loan facilities and EUR 0.8 bn of ancillary facilities for the 1.14 GW Baltic Power offshore wind project. The debt financing for Baltic Power, which was signed on Wednesday, 19 September, is being provided by 25 banks including the European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD) and the export credit agencies EDC (Export Development Canada), EIFO (Export and Investment Fund of Denmark) and Germany's Euler Hermes as well international and local commercial banks.
FundingThe debt financing for Baltic Power, which was signed on Wednesday, 19 September, is being provided by 25 banks including the European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD) and the export credit agencies EDC (Export Development Canada), EIFO (Export and Investment Fund of Denmark) and Germany's Euler Hermes as well international and local commercial banks.
- Funding
FundingThe European Bank for Reconstruction and Development (EBRD) is supporting the development of Poland's renewable energy capacity by extending a €140 million loan to Baltic Power to finance the construction of the country's first offshore wind farm.
- Funding
FundingThe project financing amount of $5.2 billion represents 80 per cent of Baltic Power’s $6.5 billion projected total capital cost (inclusive of contingencies). The remaining capital will be contributed by the project partners at financial close and has already been secured.