Baltica 2+ is a small extension offshore wind project located in the Polish Baltic Sea (plot 45.E.1) developed by the PGE–Ørsted partnership as an adjunct to the larger Baltica cluster. The site occupies roughly 17.2 km² at about 32 km from the Polish coast and has seabed depths in the order of 3...
Owners
By decision of the Polish Ministry of Infrastructure (Ministerstwo Infrastruktury), the joint venture of PGE Polska Grupa Energetyczna and Ørsted received the PSzW (Pozwolenie na wznoszenie i wykorzystywanie sztucznych wysp, konstrukcji i urządzeń w polskich obszarach morskich) for area 45.E.1 in the Polish Baltic Sea, authorising construction and use of up to 210 MW of generating capacity. The site, working-titled "Baltica 2+", covers approximately 17 km² on the Słupsk Bank (Ławica Słupska) and sits approximately 32 km from the shoreline, immediately adjacent to the Baltica 2 and Baltica 3 areas already under development by the same JV partners. The PSzW was issued on a joint application submitted by PGE and Ørsted, and the area is classified within Poland's Phase II offshore wind support system (II faza systemu wsparcia). PGE chairman Wojciech Dąbrowski highlighted the synergy with the adjacent ~2.5 GW Baltica 2/3 development, and Ørsted Offshore Poland MD Agata Staniewska-Bolesta said the new area's location characteristics show significant technical synergies with the partners' existing Baltica programme. PSzW validity under the Maritime Areas Act 1991 (Art. 23-27d) is typically 30 years (extendable). The seabed-rights instrument is the foundational consent for any subsequent Polish offshore wind development steps (DŚU, building permit, grid connection).
On 6 May 2021, PGE’s capital group and Danish state-owned energy company Ørsted completed the formation of a 50/50 joint venture in Elektrownia Wiatrowa Baltica – 2 sp. z o.o., the project company developing the Baltica offshore wind assets, as well as in Elektrownia Wiatrowa Baltica – 3 sp. z o.o. The structure gives each partner an equal share in the project companies. The transaction closed after Poland’s competition authority (UOKiK) had issued merger clearance on 12 March 2021. This joint venture combines PGE’s position as Poland’s largest power utility and offshore wind leader with Ørsted’s global offshore wind expertise, creating the vehicle that will own and develop the Baltica 2-related projects, including the Baltica 2+ area, under a shared governance and investment framework.
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Area 45.E.1, Baltica 2 plus, Baltica 2+ extension, 45.E.1
On 6 May 2021, Ørsted completed the acquisition of a 50% equity stake in the Baltica 2 and Baltica 3 project companies from PGE’s capital group, creating an equal-share partnership. Under the transaction, Ørsted subscribed for new shares representing 50% of the total share capital in Elektrownia Wiatrowa Baltica – 2 sp. z o.o. and Elektrownia Wiatrowa Baltica – 3 sp. z o.o. The price for the newly issued shares in the two companies was set at a combined 657 million Polish zloty. The deal closed after the President of the Office of Competition and Consumer Protection granted merger clearance on 12 March 2021. Through this investment, Ørsted became co-owner of the Baltica 2 portfolio held in Elektrownia Wiatrowa Baltica – 2 sp. z o.o., which also covers the Baltica 2+ extension area.
On 6 May 2021, Ørsted completed the acquisition of newly issued shares representing 50% of the share capital in Elektrownia Wiatrowa Baltica – 2 sp. z o.o. and Elektrownia Wiatrowa Baltica – 3 sp. z o.o. from PGE Capital Group, for a combined consideration of PLN 657 million, creating an equal ownership structure in both offshore wind project companies.
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