Brussels à Jour: A Competitiveness Compass and Clean Industrial Deal for the EU
3 March 2025
Ørsted has signed agreements on a 50/50 partnership with Poland’s largest energy company PGE Polska Grupa Energetyczna (PGE) to jointly build, own and operate the offshore wind farm project Baltica 2.
The 1.5GW wind farm will be located approx. 40 km off the Polish coast near Ustka, comprise 107 wind turbines and is expected to be fully commissioned in 2027. Ørsted and PGE have also taken the final investment decision (FID) for the project.
Hengeler Mueller team for Ørsted
M&A/Project Agreements: Sebastian Schneider (Frankfurt), Maike Hölty (Berlin, both lead, both partner), Maximilian Bülau (partner, Frankfurt), Andreas Breier (counsel, Berlin), Georg Tauser (Frankfurt), Philipp Pauschinger (Berlin), Diana Rosa, Alina Rollmann (both Frankfurt, all senior associate), Krzysztof Paluch (Berlin, associate)
Financing: Nikolaus Vieten (partner, Frankfurt), Tom Shingler (counsel), Tobias Braun (senior associate, Frankfurt)
Antitrust: Thorsten Mäger, Jörg Meinzenbach (both Partner), Mats Kremer (associate, all Düsseldorf)
Tax: Markus Ernst (Munich), Sebastian Adam (both partner), Marius Marx (both Frankfurt, counsel)
Procurement law: Jan Bonhage (partner), Matthias Schindlbeck (both Berlin, associate),
Data protection: Thomas Ruthemeyer (counsel, Berlin), Johannes Jäkle (associate, Düsseldorf)
Employment: Hendrik Bockenheimer (partner, Frankfurt)
Hengeler Mueller is advising Ørsted on the transaction as well as the Baltica 2 project in a team together with law firm Sołtysiński Kawecki & Szlęzak (SK&S) for Polish law matters. The SK&S team is led by Krzysztof Cichocki (partner), Witold Kurek (senior counsel) and Tomasz Młodawski (partner).
