Financial Close Announced for 390 MW Offshore Wind Farm in Poland

ENGIE, through Ocean Winds – its 50/50 joint venture with EDP Renewables dedicated to offshore wind – has reached financial close for BC-Wind, its first offshore wind farm off the coast of Poland.

Located in the Polish Exclusive Economic Zone of the Baltic Sea, approximately 23 kilometers north of the coastline, near the municipalities of Krokowa and Choczewo, the wind farm will comprise 26 turbines with a capacity of 14 MW each, equipped with the Power Boost feature that increases output to 15 MW, for a total planned capacity of up to 390 MW.

The project represents an investment of approximately EUR 2 billion (US$2.3 billion), supported by the European Investment Bank (EIB), which contributes nearly one-third of the total amount, along with the Spanish Official Credit Institute (ICO) and 13 commercial banks. This financing reflects strong partner confidence and the long-term stability of the project.

The wind project is expected to deliver its first power in 2028 and, once fully operational, will provide renewable electricity to nearly half a million Polish households.