RWE has signed an agreement with PGE for the sale of its FEW Baltic II offshore wind development project in the Baltic
The windfarm has a capacity of 350 MW and is located approximately 50 km from shore, north of the Polish town of Ustka. The transaction is expected to close in the first quarter of 2026.
The parties have already completed the transfer of an environmental decision and related data for the adjacent wind development, site 44 E 1, to PGE.
RWE said it remains fully committed to supporting the Polish energy transition by developing, constructing and operating renewable energy projects in the country.
RWE Offshore Wind chief executive Sven Utermöhlen said, “We are convinced that, in synergy with other projects in its portfolio, PGE is better-placed to realise this project than RWE would be on a standalone basis.”
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