Equinor and Polenergia launch €6 billion Bałtyk wind projects

Green Forum
The joint venture partners behind the project – Equinor, the international energy company headquartered in Norway, and Polenergia, Poland's largest private energy group – have made their final investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind farms, paving the way for full-scale construction. 

The total investment is estimated at approximately €6 billion, excluding financing costs. By 2028, 100 wind turbines from these two projects will be delivering renewable electricity to Poland's national grid.

The development will be financed through a project finance structure, with further details to be disclosed upon financial close.

Bałtyk 2 and Bałtyk 3 stand among the most significant infrastructure investments in Poland's history. Their implementation is expected to strengthen the country's energy security and independence, generate employment in the growing offshore wind sector, and enhance the competitiveness of the Polish economy through clean energy production.

The two wind farms will have a combined capacity of 1,440 MW and will feature 100 cutting-edge wind turbines, each towering at 260 meters—taller than the Palace of Culture and Science in Warsaw. A single rotation of one turbine's rotor can produce enough electricity to power a Polish household for four days. Together, the farms will supply renewable energy to over 2 million Polish households, making a major contribution to Poland's renewable energy targets and reducing the national carbon footprint.

Construction will take place in the Polish Exclusive Economic Zone of the Baltic Sea, approximately 37 km and 22 km from the coastline. Full completion and commissioning of the wind farms are expected by 2028.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

READ MORE
Green Forum  |  11 December, 2025 at 11:36 AM