Lease Executed

In 2020, the Baltic Power offshore wind project secured its location permit in the Polish Baltic Sea. This permit corresponds to the PSZW authorisation, issued under the Maritime Areas Act, which grants the right to construct and use artificial islands, structures and devices in Polish maritime areas. The location permit establishes the fundamental seabed rights for the project, enabling subsequent grid connection, environmental permitting and financing steps. Northland Power notes that Baltic Power had already secured this permit, alongside its grid connection agreement and environmental permit filing, by 2020, confirming that the core siting consent for the project was in place ahead of the 2021 joint-venture agreement and later FID.