Poland’s Office of Competition and Consumer Protection (UOKiK) has approved the setting up of joint ventures between Orsted and PGE and PKN Orlen and Northland Power to develop offshore wind farms off the country’s coast.
A 50:50 JV between PGE and Orsted will develop, own and operate the 1498MW Baltica 2 and 1045MW Baltica 3 projects.
Northland Power, through its NP Baltic Wind subsidiary, has a 49% stake and PKN Orlen 51% in the 1.2GW Baltic Power project.
All three projects are eligible for the first 5.9GW phase of Poland’s offshore wind market.
UOKiK president Tomasz Chrostny said: “The use of the Polish sea area for energy production is extremely important from the point of view of the interests of Polish consumers and entrepreneurs, as well as environmental protection.
“I have issued two approvals for this type of investment with the participation of state-owned companies.
“Our task was to investigate whether the planned transactions could lead to a restriction of competition. The conducted proceedings have ruled out such a possibility.”