Global Trade Alert
Global Trade Alert

Germany: KfW IPEX-Bank provides financing for Baltyk 2 and 3 offshore wind farms to support Siemens Gamesa's export of wind turbines to Poland

Announcement

23 May 2025

In May 2025, the KfW IPEX-Bank announced providing financing to the Baltyk 2 and 3 offshore wind farms project in order to support the export of wind turbines by German-owned Siemens Gamesa to Poland. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 May 2025

Revocation date:

No revocation date

Updated: 23 May 2025
Trade finance In force

On 23 May 2025, the German KfW IPEX-Bank announced providing financing to the Polish offshore wind farms Baltyk 2 and Baltyk 3 "in a leading role as part of a club of 30 commercial banks, internati...

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