PGE Group and Ørsted have signed a contract with a consortium of SEMCO Maritime and PTSC Mechanical & Construction to design, manufacture and commission offshore substations for the Baltica 2 project. The four substations - each equipped with two transformers - will collect electricity generated by wind turbines and export it to land.

- The signing of the offshore substation contract for Baltica 2 is another contract in the project. The project is gaining momentum and has clearly entered the phase of finalizing further important contracts necessary for the Baltica Offshore Wind Farm. Substations will be delivered for the Baltica 2 stage with a capacity of about 1.5 GW, which is expected to be operational by 2027. Our goal is to build new green generating capacity in the Baltic with a total capacity of 2.5 GW by 2030, which is of great importance for strengthening Poland's energy security," said Wojciech Dąbrowski, CEO of PGE Polska Grupa Energetyczna.

- The signing of the contract for offshore transformer stations is an important milestone in a project that brings us closer to the realization of the largest RES project in the history of Poland - an offshore wind farm capable of producing green energy in an amount that will satisfy the electricity needs of about 2.4 million Polish households. We are pleased to entrust the consortium of SEMCO Maritime and PTSC Mechanical & Construction with the design, manufacture and commissioning of the power plant for the first stage of the Baltica Offshore Wind Farm," said Agata Staniewska-Bolesta, Managing Director of Ørsted Offshore Poland.

Ørsted and PGE plan to complete the Baltica 2 stage, with a capacity of about 1.5 GW, by the end of 2027, and the Baltica 3 stage, with a capacity of about 1 GW, by the end of 2029. Both phases of the Baltica offshore wind farm have location decisions (PSzW), environmental decisions, agreements with the Transmission Network Operator for connection to the grid, permits for laying and maintenance of cables (PUUK), and have been granted the right to contract for difference (CfD) and decisions on individual level of support issued by the European Commission and the President of the Energy Regulatory Office.

More about the PGE Capital Group

 PGE Polska Grupa Energetyczna is the largest electric power company and supplier of electricity and heat in Poland. By combining its own fuel and power generation resources and owning distribution networks, PGE guarantees secure and stable supplies of electricity and heat to more than 5 million customers. The PGE Group's generating units produce more than 40 percent of Poland's electricity. With a 7% share of the RES market in Poland. The PGE Group is the largest domestic producer of electricity from renewable sources. The plan for the coming years is to further develop renewable energy sources - in particular, based on wind and solar energy. PGE is a leader of change in the Polish energy industry. In its strategy, the PGE Group outlined the Group's transformation plan and path to decarbonizing generation, and announced the goal of achieving climate neutrality by 2050. The PGE Group's investment plan includes the country's largest offshore wind investments. PGE Group's Offshore Program calls for the construction of the Baltica Offshore Wind Farm, to be implemented in two phases - Baltica 2 and Baltica 3 - by 2030, with a total installed capacity of up to 2.5 GW. Then, after 2030, the Baltica 1 Wind Power Plant, with a capacity of about 0.9 GW, will join the Group's portfolio. According to the strategy, the PGE Group will build at least 6.5 GW of offshore generating capacity by 2040.

More about Ørsted

Ørsted's vision is a world based solely on renewable energy sources. Ørsted, which originated in Denmark, is today present in more than a dozen markets, ranging from the United States of America to European countries and Asia. Poland is one of the key markets for Ørsted, where the company has been operating for 10 years, currently employing nearly 300 people (more than 6,600 worldwide). The development of the Baltica Offshore Wind Farm, with a total capacity of up to 2.5 GW in the Polish part of the Baltic Sea, is part of Ørsted's recently updated ambition to reach 30 GW in offshore wind power by 2030. Ørsted, which has 30 years of experience in the implementation and development of offshore wind farms, currently has more than 12 GW of installed capacity in this technology worldwide. In addition to offshore wind farms, the company develops, builds and operates onshore wind farms, solar farms, energy storage and bioenergy plants, and supplies energy products to its customers. We were recognized as the world's most sustainable energy company in the Corporate Knights 2021 index, which brings together the 100 most sustainable corporations in the world. We are also listed on the CDP Climate Change A list as a global leader in climate action. In 2021, the group's revenue was DKK 77.7 billion (€10.4 billion).