“Bałtyk 2 and Bałtyk 3 play a crucial role in Poland's efforts to decarbonise, generating enough renewable electricity to supply around two million households annually,” stated EIB Vice-President Teresa Czerwińska. “The EIB is contributing €350 million to each project, making us by far the largest lender among approximately 30 financial institutions involved. This marks our third major investment in renewable energy in Poland this year and our third offshore wind financing in the Baltic Sea, underlining our strong commitment to supporting green energy as essential for both economic resilience and energy security.”

Situated about 30 kilometres offshore from the Polish towns of Ustka and Łeba, the two fixed-bottom wind farms will feature 100 wind turbines, each with a capacity of 14.4 MW. The project, primarily relying on European suppliers, represents a strategic partnership between Equinor—a global leader in offshore wind—and Polenergia, Poland's largest private energy company. It is also expected to drive forward the economic development of the EU's cohesion regions.