Linklaters advises on first Polish Offshore Wind Financing | Deal | About Us | Linklaters ...Middle East

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Linklaters advises on first Polish Offshore Wind Financing | Deal | About Us | Linklaters
Linklaters has advised a group of commercial lenders, ECAs and multilateral financial institutions on the development and $5.2bn non-recourse green financing of the Baltic Power offshore wind farm, which is owned by ORLEN (51%) and Northland Power (49%). This is the first offshore wind farm to reach financial close in Poland. The multi-sourced green financing is being provided by twenty-five international and local commercial banks, the European Investment Bank and the European Bank for Reconstruction and Development and is supported by three export credit agencies, namely Euler Hermes, Export and Investment Fund of Denmark and Export Development Canada. Baltic Power is being developed o

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