Polish utility PGE <a href="https://www.gpw.pl/company-factsheet?isin=PLPGER000010" target="_blank">(WSE:PGE</a>) said its 1.5 GW-Baltica 2 offshore wind project developed with Denmark's Ørsted (<a href="https://www.nasdaq.com/news-and-insights" target="_blank">CPH:ORSTED)</a> has obtained PLN 11.1 billion (USD 2.7bn/EUR 2.6bn) in loan financing from a consortium of 25 banks.