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As stated by the EIB, the project will fund the design, construction, and operation of a fixed-bottom offshore wind farm with a capacity of up to 390 MW in the Polish exclusive economic zone of the Baltic Sea region.
The offshore wind farm will help reduce carbon emissions and air pollution, which are externalities the market fails to address.
By introducing new variable renewable energy technologies in the market, the project aims to bridge the gap in developing additional renewable capacity.
As stated on the company's website, the BC-Wind Offshore Wind Farm is being developed by Ocean Winds, a company formed by a joint investment by two global leaders in the renewable energy industry: EDP Renewables and ENGIE.
Madrid-based EDPR is a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer. EDPR was created in 2007 to operate the Energias de Portugal (EDP) group’s renewable power business.
ENGIE is a global reference in low-carbon energy and services, with its headquarters in La Défense, France. It focuses on the production and supply of energy as well as services.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
EDP Renovaveis SA | Parent Company | Energy | owns | Ocean Winds S.L. | Client | Energy |
Engie SA | Parent Company | Energy | owns | Ocean Winds S.L. | Client | Energy |
No project contacts provided at the time of disclosure.
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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