Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 14 November 2025 the European Investment Bank (EIB) signed additional loan tranches for the BALTYK II & BALTYK III OFFSHORE project, further increasing its financing commitment to the Bałtyk 2 and Bałtyk 3 wind farms. Two signatures were executed on this date, for EUR 148 million and EUR 155 million respectively, adding EUR 303 million to the previously signed EUR 700 million. In total, EIB signatures for the project at that point amounted to EUR 1.003 billion, within a proposed EIB finance envelope of EUR 1.4 billion against an estimated total project cost of EUR 6.519 billion. These concessional development‑bank loans form a key element of the overall project‑finance structure supporting construction of Bałtyk 2.