Ireland’s electricity board launches £600m investment programme in mostly-Scotland based new wind farms

Octopus Investments' Beinneun windfarm in Scotland
Octopus Investments’ Beinneun windfarm in Scotland

Ireland’s state-owned electricity corporation has set up a partnership to develop 400-MW of new onshore wind-power generation capacity in Scotland and England.

ESB – which translates from Gaelic as the Irish Electricity Board – is now working with Coriolis Energy on the first of these new generating assets – with plans for a massive 91 megawatt windfarm in Scotland.

ESB has kicked off a scoping process for the farm in southern Scotland, which would have 19 turbines that are each 175m tall.

Pat O’Doherty, ESB chief executive, explained: “Our partnership with Coriolis Energy strengthens ESB’s commitment to the expansion of its onshore wind portfolio in the UK market. 

“The partnership has a significant pipeline of development projects with a projected capacity of up to 400 MW across nine projects.

“This will potentially translate into an overall capital investment of approximately £600 million.

The generation output would be sufficient to power 225,000 homes with the first project planned to be operational by 2019.

“The majority of projects within the portfolio are located in Scotland but opportunities for new windfarm developments will be pursued throughout the UK.”

ESB is also looking to develop projects in solar, waste-to-energy, biomass and offshore wind among other areas.

David Murray, Managing Director, Coriolis Energy said: “ESB’s scale, capabilities and desire to build a substantial onshore wind portfolio in the UK make them an ideal long term partner, both for us and our project landowners. 

“We look forward to successfully completing the development of our existing project pipeline with them and using this as a platform for progressing further opportunities as the market continues to develop.”

Meanwhile, BayWa r.e.,the German renewable energy service provider, has won the technical and commercial asset management contract for four UK windfarms owned by Octopus Investments.

Octopus which is the largest non-utility investor in onshore renewables in the UK, and also the largest commercial solar player in Europe, with a £2.6 billion portfolio of clean energy assets.

Located across the UK, the wind farms have a combined installed capacity of 148.5 MW, which includes the 109 MW Beinneun windfarm in Scotland able to generate enough power for over 27,000 homes.

13 Jun 2018

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