BBM Offshore (Poland) is dedicated to supporting development of the offshore wind energy sector and the supporting value chain and local economy in Poland through strategic and development services alongside potential investors interested in the emerging Polish Offshore Wind market.
Specific focus and experience includes working with international and local stakeholders, M&A, strategy, development, all aspects of Due Diligence across the entire project development process, as well as the comprehensive market analysis.
Based between Gdansk and London, BBM Offshore (Poland) is active across the whole development project life cycle.
Most recently BBM Offshore (Poland) was the exclusive strategic advisor to Northland Power Inc for 2.5 years which culminated with their JV with PKN Orlen for the 1.2GW Baltic Power Project signed in February 2021: https://renewablesnow.com/news/northland-joins-pkn-orlen-in-12-gw-polish-offshore-wind-project-729567/. This was the second major Offshore Wind JV in the Polish Baltic at the time (after Polenergia & Equinor), continuing the BBM credentials in the space. Our role centred on the origination of the opportunity, Northland positioning, generic transactional/M&A advice, due diligence supervision & review, development/technical & regulatory insight as well as negotiation assistance until signing/closing to achieve a notable continuation of Northland’s European Offshore wind strategy from Holland & Germany into Poland and the wider Baltic Sea.
The Polish Offshore Wind market emerging out of a heavily coal dependent economy, and some years of distress within the Polish renewable space, offers unique investment opportunities with the following characteristics:
Areas dedicated to the Polish OWE