Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
ORLEN Neptun's stated FID window for Baltic East is 2029–2030, per the 18 December 2025 ORLEN press release following the URE auction win. The 'go later' convention is applied to the projected range — event_date anchored at year-end 2030 with year precision. FID will follow detailed engineering completion, EPCI tender awards and finalisation of project debt financing. Baltic East has been granted preferential debt financing under Poland's National Recovery Plan (KPO) for construction works in marine areas, complementing the CfD revenue support secured at PLN 476.88/MWh in the AMFW/1/2025 auction. The project targets first power in 2032 within the URE 7-year statutory deadline.