Ireland

Ireland

EDF buys into 1GW Irish offshore project

EDF Group has bought a 50% stake in the Codling offshore wind farm, clearing the way for its clean energy subsidiary to develop the 1GW Irish project with Fred Olsen Renewables.

To date, Ireland has just one 25.2MW offshore wind farm - SSE's Arklow Bank (above)
To date, Ireland has just one 25.2MW offshore wind farm - SSE's Arklow Bank (above)

Google Translate

It bought the stake in the site planned off the southeast coast of Ireland from investment firm Hazel Shore, which has now divested from the project.

Codling will be built in two phases, with planning permission and grid connection already secured for the first phase.

EDF Renewables will develop and build the project alongside Fred Olsen Renewables, which owns the other 50% stake in 1000MW Codling Wind Park Codling Wind Park (1000MW) Offshoreoff County Wicklow, Ireland, Europe Click to see full details.

An EDF Renewables spokeswoman told Windpower Monthly “it is too early to say” how Codling’s 1GW of total capacity might be split between its two phases.

She added that the developer plans to start construction on the first phase “as soon as possible”.

EDF Renewables has a 6GW-plus portfolio of operational, under-construction and under-development offshore wind farms in the UK, France, Belgium, Germany, the United States, and China.

Its latest acquisition follows the Irish government setting a target for commissioning at least 3.5GW of offshore wind capacity by 2030 and approving a new renewables auction scheme open to offshore wind, EDF noted.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in