The projects mark an important milestone in Poland’s ambition to develop 6 gigawatts of offshore wind capacity by 2030. Commercial operations are expected to begin in 2028. In total, 100 wind turbines will be installed 22–37 kilometers off the Polish coast, with an operations and maintenance base in Łeba, in the Gdańsk region of northern Poland.

– These projects represent a significant step in Poland’s renewable energy transition. We are proud to contribute with the financing and promoting Swedish exports in the process, says Natasha Svaneby, Director Project Finance, at SEK.

The projects are developed through a 50/50 joint venture between Equinor and Polenergia, Poland’s largest private energy group. Equinor is responsible for construction and will operate the two wind farms. The financing package amounts to EUR 3 billion per project and involves around 30 financial institutions, including SEK, the Nordic Investment Bank, the European Investment Bank, Euler Hermes, KUKE and BGK.