Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 20 May 2025, the European Investment Bank signed financing totalling EUR 1.003 billion for the BALTYK II & BALTYK III OFFSHORE project, providing long-tenor loans under the InvestEU framework to support development, construction and operation of the two 720 MW offshore wind farms off the Ustka–Łeba coast. The EIB financing, signed in several tranches in May and November 2025, forms a key part of the overall project finance structure alongside other commercial and public lenders.