Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
The Bałtyk 3 project, together with Bałtyk 2, secured long‑term debt support from the European Investment Bank (EIB) under the InvestEU framework. The EIB project sheet for “BALTYK II & BALTYK III OFFSHORE” shows a total EIB finance amount of EUR 1,003 million, with loan signatures on 20 May 2025 (two tranches of EUR 350 million each) and additional signatures on 14 November 2025 (EUR 148 million and EUR 155 million). The operation finances the design, implementation and operation of two fixed‑bottom offshore wind farms of up to 720 MW each off the Ustka‑Łeba coast. The EIB notes that the project supports EU energy and climate objectives and is located in a cohesion region. This development‑bank funding forms part of the wider project‑finance structure for Bałtyk 3 and its sister project.