Browsing: Baltica 3

New Orsted chief executive refuses to provide fresh detail on slimmed down investment plan

The 45.E.1 area in the Baltic Sea is next to the pair’s Baltica 2 and 3 offshore wind developments

PGE and Orsted’s 2.5GW Polish offshore wind projects will have a €1.4bn financing package

The decision will help move the Polish project to a final investment decision

PGE and Ørsted can prepare technical documentation to obtain building permits for the Polish offshore wind farms

Team to produce design documentation for foundations, turbines, internal cables and offshore transmission

Developer will issue procurement late May/June via the Achilles UNCE qualification system

Interested parties have until 2pm local time on 26 April to apply

Developers will present on schedule of the investment and purchase procedures for the 2.5GW projects

Level of price support will then go to Poland’s Energy Regulatory Office for final approval