Energy

Bord na Móna unveils plans for two multibillion-euro offshore wind projects

Move into offshore wind marks a new departure for the semi-state company, which traces its history back to harvesting peat from the bogs of Ireland to fuel a number of peat-fired power stations in the midlands

If delivered, the joint venture with Spanish developer Ocean Winds will require a multibillion-euro outlay by the semi-state company, representing the single largest capital investment in its 90-year history. Picture: Getty

Bord na Móna, the semi-state energy company, has announced plans to develop multiple offshore wind projects off the east coast of Ireland over the coming decade as part of a joint venture with Spanish developer Ocean Winds.

The Midlands-based firm said on Wednesday that it aims to develop two separate offshore wind projects over the coming decade at locations off the coast of Dublin and Wicklow, and a second location further south off the coast ...