An offshore wind farm with a capacity of 1.5 GW being built in the Polish part of the Baltic Sea, about 40 km from shore off Ustka, in a 50/50 partnership between PGE Polska Grupa Energetyczna and Denmark's Ørsted. The project comprises 107 Siemens Gamesa turbines of 14 MW each, mounted on monopiles (111 monopiles in total, including 4 for offshore electrical substations). The final investment decision was taken on 30 January 2025, the first foundations were installed at sea in May 2026, and full commissioning is planned by the end of 2027. The cost of the investment is estimated in the media at about PLN 30 billion; PGE is financing its half in a project finance formula, including with PLN 11.1 billion in loans from 24 institutions and about PLN 6 billion from BGK (including PLN 5.5 billion from the National Recovery Plan), and the project has a 25-year contract for difference with the Polish state.
How it went
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Timeline
- Construction startJan 2025
- Original date2027
- Current date2027
Change history
- 30 Jan 2025stage: construction
Significance
Once fully operational, Baltica 2 is to be the largest offshore wind farm in Poland, capable of supplying green electricity for about 2.5 million Polish households. The project is one of the largest energy undertakings currently under way in the country and a key element in the development of offshore wind power in the Polish Baltic.
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- offshoreWIND.biz30 Jan 2025FundingOriginal date
Fundingobtained PLN 11.1 billion (approximately EUR 2.6 billion) in loan from 24 Polish and international financial institutions, including European Investment Bank and European Bank for Reconstruction and Development
Funding25-year inflation-protected contract for difference (CfD) in place with the Polish state
Original dateBaltica 2 is expected to be fully commissioned by the end of 2027
FundingAccording to PGE, the Baltica 2 offshore wind project obtained PLN 11.1 billion (approximately EUR 2.6 billion) in loan from 24 Polish and international financial institutions, including European Investment Bank and European Bank for Reconstruction and Development.
FundingLocated approximately 40 kilometres off the Polish coast near Ustka, Baltica 2 has a 25-year inflation-protected contract for difference (CfD) in place with the Polish state.
- BalticWind.EU30 Jan 2025StageStage historyFundingConstruction start
Stage · Stage historyFID allows for official transition from the project development to construction phase of the offshore wind farm.
FundingA total of about PLN 6 billion will come in form of loans from Bank Gospodarstwa Krajowego from which PLN 5.5 billion coming from the National Recovery Plan.
Construction startPGE and Ørsted have already started building the onshore connection infrastructure.
- Evertiq20 May 2026StatusInvestor
StatusThe first foundations have been successfully installed in the Polish part of the Baltic Sea.
Investorbuilt, owned and operated in a 50/50 partnership between Ørsted and Polish energy company PGE Polska Grupa Energetyczna
Locationlocated approximately 40 km off the Polish coast near Ustka
- WNP.pl17 Jun 2026CostCurrent date
CostKoszt tej inwestycji sięgnie 30 mld zł.
Current datepełne uruchomienie komercyjne planowane jest do końca 2027 roku
- BalticWind.EU9 Jan 2025
- Windtech International30 Jan 2025
- Funding
FundingØrsted finances its part of the project from its own capital.