Revenue Secured

Bałtyk 3 secured its main revenue support in May 2021 when it, together with Bałtyk 2, was awarded a 25‑year Contract for Difference (CfD) by Poland’s Energy Regulatory Office. The CfD award locks in support for 1,440 MW of capacity across the two projects, providing long‑term price stability for electricity sold into the Polish power market. Equinor later stated that the CfDs for Bałtyk 2 and 3 secure power prices at approximately EUR 71/MWh in 2021 prices, indexed to inflation, for the full 25‑year support period. This revenue framework is the cornerstone of the project’s financing, underpinning subsequent FID, debt raising and construction for Bałtyk 3.