The PGE Group and Ørsted have signed contracts with Navantia-Windar and Orient Cable (NBO), which will supply foundations and internal cables for the Baltica 2 project, one of the phases of the Baltica Offshore Wind Farm.

- With the signing of the turbine contract for the Baltica 2 stage in April, we began a series of important contracts for the project. Securing components for Baltica 2 will allow us to move on to the next stages of the project's development. Our planned activities consistently bring us closer to achieving the PGE Group's strategic goal of building 2.5 GW of offshore wind power by 2030," said Wojciech Dąbrowski, CEO of PGE Polska Grupa Energetyczna.

- Ørsted has 30 years of experience in preparing for the construction of offshore wind farms, contracting contractors for them, and building and operating the farms. Together with PGE, we have made a commitment to provide large-scale offshore wind energy for Poland. With the signing of two more strategic component contracts for Baltica 2, we are moving forward step by step with this groundbreaking, pioneering project for offshore wind energy in Poland," said Agata Staniewska, Managing Director of Ørsted Offshore Poland.

In April of this year, PGE and Ørsted reached an important milestone on the road to the Baltica 2 project with a capacity of about 1.5 GW. At that time, they signed the first of the contracts for the supply of a key component - a contract for the supply of wind turbines. Then, in June, they signed a contract for the supply of offshore transformer stations. The next step is the signing of further contracts for Baltica 2 by a joint venture formed by PGE Baltica of the PGE Group and Ørsted, which are implementing the Baltica Offshore Wind Farm project. The Navantia-Windar consortium will supply the foundations - monopiles, the largest of which exceed 100 meters in length and weigh more than 2,000 tons. Orient Cable (NBO), on the other hand, will supply 66 kV submarine internal cables with a total length of about 170 km, which will connect the turbines to marine transformer stations.

Ørsted and PGE plan to complete construction of 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. The investors are yet to make a final investment decision (FID). Baltica 2 and Baltica 3 will form the Baltica Offshore Wind Farm with a total capacity of 2.5 GW, which will significantly contribute to the transformation of Poland's energy sector by providing green energy to nearly 4 million households in Poland.

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).