As Poland transforms its energy grid, Danish stakeholders will play a key role. Baltica 2 is a prime example of how Danish technology and financial backing contribute to Europe’s green transition - while also boosting exports and creating jobs.
Baltica 2 is one of the largest offshore wind farms currently under construction in the Baltic Sea. It is being developed by Ørsted and Poland’s state-owned power company PGE. The wind farm will be Poland’s second offshore installation and is a critical step toward the country’s goal of reaching 5.9 GW of installed capacity by 2030.
FACTS
- Project name: Baltica 2
- Location: Approx. 33 km off the Polish coast in the Baltic Sea
- Capacity: 1,498 MW
- Partners: Ørsted and Polish power company PGE
- Expected completion: End of 2027
- Financing: Project financing guarantee of EUR 800 million (DKK 5.967 billion)
- Other stakeholders: EIB, EBRD, and international banks
- Danish exporters involved: Siemens Gamesa Renewable Energy, Semco Maritime, Cadeler
EIFO has played a crucial role in securing project financing through a guarantee of EUR 800 million. This guarantee enables the mobilization of a larger financing package in collaboration with the EIB, EBRD, and a consortium of international banks. As a result, the project is not only financially sustainable - it also becomes a catalyst for Danish export.
Danish companies such as Siemens Gamesa, Semco Maritime, and Cadeler are all deeply involved in the project. EIFO’s participation helps secure large orders and strengthens these companies’ future market positions in the region.
EIFO's financing solution
- Type: Project financing guarantee
- Amount: EUR 800 mio.
- Purpose: Support exports, promote green energy, and safeguard Danish interests in strategically important energy infrastructure