Orlen has signed agreements with Bank Gospodarstwa Krajowego for around PLN 3.5 billion in funding from the National Recovery Plan. Of this, PLN 900 million will support the Baltic Power offshore wind farm, with the remainder allocated to the Baltic East project.
The financing may be used for offshore project costs, including turbine and foundation manufacture, delivery and installation. Baltic Power is being developed with Northland, with first electricity expected next year. Orlen and its partners are also preparing additional offshore projects totalling about 5.5 GW. Baltic East is being prepared for the December 2025 capacity auction.
