Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
In 2020, EDP Renewables and ENGIE formally created Ocean Winds as a 50-50 joint venture dedicated to offshore wind development, including the BC‑Wind project in Poland. The joint venture structure combines the offshore wind portfolios and expertise of both parent companies into a single developer, Ocean Winds, which acts as the exclusive owner and project company for BC‑Wind. This ownership arrangement underpins Ocean Winds’ role in contracting major suppliers, securing project finance, and leading construction for BC‑Wind in the Polish Baltic Sea.