Perspective
25 September 2023
Baltic Power: A blended finance first for Poland
In:
Renewables
Region:
Americas, Asia-Pacific, Europe
The global backdrop to wind has been looking shaky of late. Project financing backing the Baltic Power project has just signed – but the rest of the first wave of Poland’s embryonic offshore wind sector is facing delays. The country originally promised as much as 28GW by 2050 but the chances of success now look mixed due to inflation and critical cost increases.
