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February 19,2025

Polenergia Secures EUR 125m for Offshore Wind Projects

Polish energy firm Polenergia (WSE:PEP) secured a EUR 125 million bank guarantee agreement with Bank Polska Kasa Opieki and BNP Paribas Bank Polska to finance the Baltyk 2 and 3 Offshore Wind Farms. Developed with Equinor, these 1.44 GW projects will generate power by 2027. The guarantee is valid until 2029, with possible extension to 2030.

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