ENGIE, through its joint venture with EDP Renewables, Ocean Winds, has reached financial close on its first offshore wind farm in Poland: the BC-Wind project. The initiative is located some 23 kilometers north of the Polish coast and will have an installed capacity of up to 390 MW of renewable energy.
Construction of offshore wind farm in Poland
The financing operation amounts to approximately 2 billion euros and has been backed by the European Investment Bank, the Instituto de Crédito Oficial(ICO) and thirteen commercial banks. This financing marks the official transition of the project from the development stage to the construction phase, scheduled to start in 2026.
TheBC-Wind facility will consist of 26 offshore wind turbines, each with a capacity of 14 MW and Power Boost technology, bringing its maximum output to 15 MW. The project includes the construction of an onshore substation, a maintenance base in Władysławowo and the laying of export cables by local suppliers such as Tele-Fonika Kable and P&Q.
From the foundations, such as wind turbines, they will be assembled and shipped from theports of Świnoujście and Gdansk respectively. This strategy strengthens the commitment of Ocean Winds to the local supply chain and industrial value creation in Poland.
With BC-Wind, ENGIE consolidates its offshore wind expansion strategy in Central Europe. The company operates 360 MW of renewable capacity in the country and adds this new development to a global portfolio of almost 19 GW at different stages of progress. The wind farm is scheduled to enter commercial operation in 2028.
ENGIE Senior Executive Vice President Paulo Almirante mentioned that this project is a direct contribution to the decarbonization of Poland and the strengthening of its energy independence.
Source and photo: ENGIE