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