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KUKE supports the financing of the Bałtyk 2 and 3 offshore wind farms in the largest project finance transaction in the history of Polish energy
Equinor and Polenergia have secured over 6 billion euros in financing for the Bałtyk 2 and Bałtyk 3 offshore wind farms. Approximately 30 financial institutions, including KUKE, were involved in the largest project finance transaction in the history of the Polish energy sector.Funds for the construction of the Bałtyk 2 and 3 offshore wind farms come from approximately 30 Polish and international financial institutions, including Bank Gospodarstwa Krajowego (BGK), the European Investment Bank (EIB), and the Nordic Investment Bank (NIB). KUKE is also participating in the transaction, providing repayment guarantees for a portion of the financing. Financing packages, exceeding 3 billion euros per project, were secured separately by the companies for Bałtyk 2 and Bałtyk 3. The total amount of over 6 billion euros for both projects represents the largest project finance transaction in the history of Polish energy.
