Commercial Operations Full Power

DELAYED +3yr (May 2026): Linked slip with offshore_construction_start: the original GlobalData (Power Technology) source paired a 2026 construction start with a 2030 full COD on a ~4-year build-out. Slipping construction start to 2030 (post-2027 auction, post-FID) places full COD at ~2033-2034 preserving the build-out window. Per Riviera coverage of the 2025 auction, even winning projects disclosed first-power dates 'before the end of 2032' — Baltica 5 with no CfD secured cannot credibly reach full COD by 2030. Slipping to 2033 (year, low) — earliest defensible full-COD window combining the 2027 next-auction route, FID 2028-2029, construction 2030, and 3-year build-and-commission. --- Baltica 5, a planned ~555 MW single-phase offshore wind farm in the Polish sector of the Baltic Sea, is described by trade-data provider GlobalData (via Power Technology) as expected to reach full commercial operation in 2030. The project is held by Elektrownia Wiatrowa Baltica 5 sp. z o.o., owned 66.19% by PGE Polska Grupa Energetyczna and 33.81% by Enea per the Polish company register (KRS 0000642418, 372/562 and 190/562 shares respectively) and Enea's 2023 ESG report. GlobalData also gives a 2026 construction start, with full commercial operations following the build-out and commissioning of the single development phase. (Date precision: year.)