Ocean Winds has announced that it has secured approximately €2 billion in financing for the 390 MW BC-Wind offshore wind farm located in the Polish sector of the Baltic Sea. The European Investment Bank (EIB) is the key lender, providing €600 million. The wind farm, situated more than 20 km off the coast near the municipalities of Krokowa and Choczewo in the Pomeranian region, is expected to begin generating electricity in 2028. Construction is scheduled to start in 2026.
Financing for BC-Wind was finalized with the participation of 15 institutions — in addition to the EIB, these include Spain’s public development bank ICO and 13 commercial lenders. According to EIB Vice-President Teresa Czerwińska, the investment will help reduce CO₂ emissions and strengthen the energy security of households and businesses. This marks the fourth major Polish offshore project supported by the EIB, and the third in 2025 alone. The bank’s total commitment to offshore wind in Poland now exceeds €2.3 billion.
The BC-Wind project will consist of 26 Siemens Gamesa turbines, each with an output of up to 15 MW. Ocean Winds estimates that the installation will meet the annual electricity demand of nearly half a million consumers. The project’s long-term financial viability is secured by a 25-year Contract for Difference (CfD). The company has already obtained all key administrative permits required for construction.
Polish companies play a significant role in the project. The offshore substation is being built at the CRIST shipyard in Gdynia, submarine cables will be supplied by Tele-Fonika Kable, and the onshore cable infrastructure is being constructed by P&Q. Ocean Winds highlights that the involvement of local suppliers strengthens the capabilities of Poland’s offshore industrial sector. According to Chief Operating Officer Bautista Rodriguez, Poland has the potential to become a regional leader in offshore wind — both in clean-energy production and in industrial capacity.
The BC-Wind project aligns with the Polish government’s offshore wind development strategy. The national plan targets 6 GW of installed offshore wind capacity by 2030 and 18 GW by 2040. Projects such as BC-Wind are expected to support the country’s energy transition, reduce dependence on fossil fuels and enhance national energy security.
