Developer profile

Polenergia

outlook pending Warsaw, Poland

About

synthesis · audited 2026-08 as of 2026-07

A Polish listed energy group, privately controlled rather than state-owned, which is unusual in a market dominated by state utilities. Its offshore ambition rests on a Baltic joint venture with a Norwegian partner that supplies offshore experience it does not have internally, and the group also operates onshore wind, solar and gas assets.

In the waterno operational asset yet
3
Projects1 country
0 GW
Delivered & operating0 projects, net of stake
100%
On-time deliveryacross 3 projects with a dated COD trail

On-time delivery compares each project’s first announced completion date with its latest. Directional — a developer’s share of a project is traced through joint ventures, and the sample is small.

Outlook

Stated target
Target discontinued / none stated
Return discipline

Portfolio

3 held · live stages first, exits last
Under Construction · 0.72 GW (2)Advanced Development · 0.78 GW (1)

Capacity is net of ownership stake — a 50% JV counts half. Gross exposure (full nameplate of every project held): 3.00 GW.

ProjectCountryStageMWStakeNet MW
Baltyk 2↓ farmed down Poland Under Construction 720 50% 360
Baltyk 3↓ farmed down Poland Under Construction 720 50% 360
Baltyk 1↓ farmed down Poland Advanced Development 1560 50% 780

Divested & farmed down

every recorded sale by this developer · newest first
AnnouncedProject / portfolioTypeStake sold€mBuyer
2019-12 Baltyk 1 jv entry 50% Equinor
2018-05 Baltyk 2 jv entry 50% Equinor
2018-05 Baltyk 3 jv entry 50% Equinor

Ownership history comes from the deal ledger — the portfolio above is the CURRENT snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.