طراحی سایت
X

PEDC News

Home /News & Media/News
Monday 31 December 2018
number of visits: 281

Equinor deepens in offshore wind in Poland

Equinor deepens in offshore wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia.

This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % interest in Bałtyk II and Bałtyk III.

"We are very pleased to further deepen our presence in Poland and to work with Polenergia, which is an experienced energy company with an in-depth knowledge of the Polish energy market. This acquisition strengthens our presence in the Baltic Sea area giving opportunities for scale and synergies in a longer perspective,” says Jens Økland, Senior vice president for strategy and business development in New energy solutions in Equinor. 

The project is in an early stage and the companies will form a 50/50 joint venture to further mature the project towards future auction and final investment decision (FID) with Equinor being the manager for the construction preparation and the potential construction and operational phases.

The Bałtyk I offshore location license allows for a development of a wind farm with a capacity up to 1560MW of which Equinor will hold 50%.

The wind farm area is located in the Baltic Sea in water depths of 25-35 meters, approximately 81 kilometers from the port of Łeba.

Offshore wind already has a strong foothold as an energy source in Europe with more than 15 GW installed capacity, and with a potential to reach between 50 and 70 GW by 2030. The Polish Baltic Sea has a potential in excess of 8 GW. Poland has recognized the opportunity offered by offshore wind and included it as part of the recently published draft of the Polish Energy Policy.

Equinor views clearly communicated targets along with robust regulatory framework as key success factors for the development of offshore wind sector in Poland and realizing Polish supply chain potential.

Source : Link

Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.​

Picture
  • Equinor deepens in offshore wind in Poland
طراحی سایت ایزی وب