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Wood supports Ocean Winds in achieving financial close for BC-Wind offshore project in Poland

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Wood has played a key role in the successful financial close of Ocean Winds’ BC-Wind offshore wind project in Poland, acting as lender’s technical advisor for the development.

Wood began providing independent technical advice to the lending parties in January 2025. The team reviewed project organisation, construction and delivery plans, operational strategies and financial model inputs to ensure the BC-Wind project was technically feasible, bankable and risks were well managed.

Dan Carter, President of Consulting at Wood said: “Our team worked collaboratively with Ocean Winds to identify and mitigate potential issues ahead of financial close, ensuring a smooth path to this major milestone. Once operational, the wind farm will have a significant impact on Poland’s net zero ambitions.”

The wind farm, situated 23 km offshore in the Baltic Sea, is expected to deliver first power in 2028. Once fully operational it will provide carbon free electricity to almost half a million Polish households per year.