Beauchamps' Energy & Natural Resources team was delighted to advise Bord na Móna on its partnership with international offshore wind developer Ocean Winds to identify, plan, and build a number of offshore wind farms around the coast of Ireland.
The joint venture initially incorporates two potential projects, Réalt na Mara, off the coast of Dublin and Wicklow, and Celtic Horizon, off the coast of Wexford and Waterford. The projects have the potential to generate up to 2.3 GW of clean and renewable electricity, enough to power up to 2.1 million homes by 2030.
The development marks the first move by Bord na Móna into the offshore wind sector after decades of successfully developing renewable projects onshore. Head of Beauchamps’ Energy & Natural Resources team, Ainsley Heffernan commented: “This JV represents another important step in Ireland's journey to decarbonise its energy system. Bord na Mona is one of the key players helping Ireland reach its ambitious renewable targets across a number of sectors, including onshore wind, solar PV, biogas and now offshore wind. We are proud to able to support Bord na Mona as it develops a best in class renewable energy portfolio.”
Beauchamps' team was led by Ainsley Heffernan and supported by Stuart Conaty, John Sweeney, Stephen Dolan and Brian Walsh.