Polenergia completes foundation installation for Baltic 2 and 3 projects
The 1.44 GW joint venture with Equinor features 100 modern turbines designed for 2027 commissioning and full operation by 2028.
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Vertically integrated Polish renewable energy group
polenergia.plLast updated
In short: Polenergia posted H1 2026 profit with EBITDA of 214 mln zł as all Baltic 2&3 foundations were installed ahead of 2027 first power.
The 1.44 GW joint venture with Equinor features 100 modern turbines designed for 2027 commissioning and full operation by 2028.
Over 50 foundations have been installed in the Baltic Sea. The 1.44 GW project is being carried out with Equinor.
This is the largest Project Finance financing in Poland, with a capacity of 1440 MW and a value of EUR 6 billion, carried out with Equinor.
The first foundations were installed using the Thialf vessel; energy is expected to flow in 2027.
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Led by President Adam Purwin, Polenergy generated PLN 214 million in EBITDA and PLN 43.2 million in net profit in the first half of 2026. This means a reduction...
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