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ORLEN purchases 2 wind farms in western Poland from Octopus Renewables Infrastructure Trust

Polish energy company ORLEN Group announced on Friday (6 October) that it has entered into a conditional agreement to purchase two wind farms from a subsidiary of British power generation investment trust Octopus Renewables Infrastructure Trust.

Located in the provinces of Poznań and Szczecin, both wind farms have a combined total capacity of around 60 megawatts (MW) which can provide electricity to over 100,000 households on an annual basis, ORLEN said in a press release.

“We are effectively advancing towards strategic goals, which include having 9 GW of installed renewable energy capacity by 2030. We consider and evaluate all attractive projects that appear on the market. As a result, our portfolio will soon be expanded to include two additional wind farms with a total capacity of about 60 MW. These are modern units with great potential that will produce clean and affordable energy for the coming decades, to the benefit of the Poles and Poland’s economy, which is becoming more and more competitive thanks to our consistent investment in modern and clean energy sources,” said Daniel Obajtek, CEO and President of ORLEN’s Management Board.

The first wind farm in the Poznań province is located in Kuślin, near the town of Nowy Tomyśl. Built in December 2022, it has an installed capacity of around 40 megawatts (MW) consisting of 12 Vestas turbines with a capacity of 3.3 MW each, and an estimated operational life of around 30 years.

The second farm in the Szczecin province is in Krzęcin near Choszczno. Built in February 2022, it also has an estimated life of 30 years, consisting of eight Nordex turbines with a capacity of 2.4 MW each and a total installed capacity exceeding 19 MW.

The conditional agreement for the purchase of the farms was signed by ORLEN Wind 3, a subsidiary of the ORLEN Group. The transaction is expected to be finalised by the end of this year, ORLEN said in the press release.

Separately, on Tuesday, ORLEN received Polish Minister of Infrastructure’s final decision to award licences for five new offshore wind farm development sites, marking the start of the project’s preparatory phase.

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