Today, PGE Polska Grupa Energetyczna S.A. ('PGE') has announced that they have decided to commence discussions with Ørsted regarding the sale of a 50% stake in two offshore wind farm projects in the Baltic Sea with a total capacity of up to 2.5GW and the cooperation terms for their development.

The subject of discussions will be a sale of 50% of the shares in each of Elektrownia Wiatrowa Baltica-3 sp. z o.o., which is developing a project with a planned capacity of approximately 1 GW by 2026, and Elektrownia Wiatrowa Baltica-2 sp z o.o., which is developing a project with a planned capacity of approximately 1.5 GW by 2030.

For further information, please contact:

Media Relations
Ulrik Frøhlke
+45 99 55 95 60

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Ørsted A/S published this content on 22 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2019 21:19:06 UTC