SSE Renewables and Bord na Móna have formed a joint venture, splitting ownership equally, to deliver up to 800 MW of new renewable onshore wind energy in Ireland. Over €1 billion could be invested over the next ten years in developing multiple wind projects across the Midlands, utilising suitable Bord na Móna lands through a leasing arrangement.
The partnership encompasses three projects already in the pre-planning stage: the Lemanaghan Wind Farm in north-west Offaly, the Littleton Wind Farm in Tipperary, and the Garryhinch Wind Farm on the Laois and Offaly border. The anticipated output from these projects could power around half a million homes annually and reduce carbon emissions by half a million tonnes per year. Moreover, the partnership has the potential to support hundreds of jobs across the Midlands during construction and operation of projects.
Furthermore, SSE Renewables is initially investing approximately €50 million for a 50 per cent stake in the 800 MW wind development portfolio. However, the development of each project is contingent upon obtaining planning consent, securing market access, and grid connection. SSE Renewables will entirely finance the pre-planning phase, with both parties sharing costs equally for development after securing planning consent and grid access.
