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Polish Briefing 30 December, 2020 8:30 am   

Polish Briefing: Coal giant from Poland to invest in offshore wind

WhatsApp-Image-2019-12-15-at-15.51.295-590×2000 Offshore wind farms. Photo: BiznesAlert.pl

What goes on in Poland on 30th of December.

One of the state-owned coal utilities in Poland, Tauron, is to build offshore wind farms with EDP Renovaveis and Engie from France.

Tauron is to receive 50 percent of shares in OW Offshore, a joint venture between the above mentioned French companies. It’s the company’s way of acquiring know-how in offshore wind projects. OW Offshore is to gain 50 percent shares in Tauron’s daughter companies with portfolios that have offshore wind projects.