November 14, 2021
Markets

Société Générale PGE’s Financial Advisor on 2.5 GW Baltica Offshore Wind Farms

PGE Polska Grupa Energetyczna has selected Société Générale as a financial advisor for the construction of the Baltica 2 and Baltica 3 wind farms in the Polish Baltic Sea.

With a combined capacity of 2.5 GW, Baltica 2 and Baltica 3 represent the largest investment of this type in the Polish part of the Baltic Sea, PGE said.

The procedure for selecting a financial advisor was conducted on the basis of the Public Procurement Law in the form of sectoral negotiations with publication.

”The selection of a financial advisor for the Baltica 2 and Baltica 3 offshore wind farm construction project in the Baltic Sea is another step in the implementation of the PGE Group’s Offshore Program. Cooperation with an institution with an established position on the European financial market, such as Société Générale, proves that PGE, being the largest electricity company…

Read full article here: www.offshorewind.biz