Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Northland Power entered into an agreement with PKN ORLEN to acquire a 49% equity interest in the Baltic Power offshore wind project in the Baltic Sea, converting Baltic Power from a wholly owned ORLEN development into a 51% ORLEN / 49% Northland co-owned project. Northland indicated it expected to invest about PLN 290 million during 2021, including the purchase price and additional development spending for Baltic Power.