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Summary sheet

Release date
4 July 2025
Status
Reference
Under appraisal | 16/04/2025
20240813
Project name
Promoter - financial intermediary
PROJECT RADIANT
C-WIND POLSKA SP ZOO
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 600 million
EUR 2025 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project will fund the design, construction, and operation of a fixed-bottom offshore wind farm with a capacity of up to 390 MW in the Polish exclusive economic zone of the Baltic Sea region.

The offshore wind farm will help reduce carbon emissions and air pollution, which are externalities the market fails to address. By introducing new variable renewable energy technologies in the market, the project aims to bridge the gap in developing additional renewable capacity.

Environmental aspects
Procurement

Wind farms adhere to the national legislation having transposed Annex II of Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending EU Directive 2011/92/EU), thereby leaving it to the competent authority to determine if an EIA is mandatory. Given the projects size, the competent authority required an EIA to be conducted. Compliance of the authorisation process with relevant EU Directives will be verified during appraisal.

It is provisionally understood that the promoter, which is a Special Purpose Vehicles (SPV), is neither a contracting authority nor a public undertaking (in the sense of the EU procurement policies). The promoter do not seek to operate on the basis of special or exclusive right granted by a competent authority in relation to this project. This will be confirmed during appraisal.

Milestone
Under appraisal
Link to source
Summary sheet

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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