RWE Sells 350 MW F.E.W. Baltic II Offshore Wind Development Project in Poland to PGE
RWE has completed the sale of the 350 MW F.E.W. Baltic II offshore wind development project in the Polish Baltic Sea to PGE, with closing on 10 March 2026. Located approximately 50 km offshore north of Ustka, the transaction also includes the transfer of the Environmental Decision for the adjacent site 44.E.1. RWE retains over 700 MW of operational onshore wind and solar assets in Poland.
Transaction date: · Source: rwe.com
Key facts
- Transaction date
- Technology
- Offshore Wind
- Capacity
- 350 MW
- Transaction price
- Not disclosed
- Buyer
- PGE
- Seller
- RWE
- Country
- Poland
- Region
- Polish Baltic Sea
- Location
- Approximately 50 km offshore, north of Ustka, Polish Baltic Sea
- Continent
- Europe
- Development status
- Under Development
- PPA
- n.a.
Technology details
350 MW offshore wind development project located approximately 50 kilometres from shore in the Polish Baltic Sea. In addition, RWE transferred the Environmental Decision and related data for the adjacent wind development site 44.E.1. to PGE. Transaction originally announced in December 2025, with closing completed on 10 March 2026.
Additional information
PGE becomes sole owner of F.E.W. Baltic II. RWE transferred the Environmental Decision for the adjacent site 44.E.1. to PGE at the end of 2025. RWE remains active in Poland with over 700 MW of operating onshore wind and solar assets and continues to develop, construct and operate renewable energy projects in the country. RWE currently operates 19 offshore wind farms in five countries with a total installed capacity of 6.2 GW (RWE share: 3.3 GW) and has four offshore wind projects under construction: Sofia (UK), Thor (Denmark), OranjeWind (Netherlands) and Nordseecluster (Germany), with a combined capacity of 4.8 GW.
Source
Original announcement: https://www.rwe.com/-/media/RWE/documents/07-presse/rwe-offshore-wind-gmbh/2026/2026-03-10-rwe-sold-its-polish-offshore-wind-development-project-to-pge.pdf