Germany energy multinational RWE has bought East Celtic wind farm off the Wexford coast

Germany energy multinational RWE has bought East Celtic wind farm off the Wexford coast from Irish company Western Power Offshore Holdings.

The German-based multinational confirmed on Wednesday that it has bought the East Celtic wind farm from its Irish owner, Western Power Offshore Holdings, for an undisclosed sum. RWE plans to spend €1.5 billion in the Republic on green energy projects between now and 2030.

Located in the Celtic Sea between 9km and 36km off the Wexford and Waterford coasts, East Celtic’s first phase will deliver 900 mega watts of electricity, roughly similar to two power plants, by 2030.

RWE’s move doubles its existing Irish offshore wind projects. The company is working in partnership with local player, Saorgus Energy, on the Dublin Array wind farm, off the Dublin and Wicklow coasts. That will be capable of providing 600 mega watts to 900 mega watts of electricity once it is completed.

East Celtic is seeking a foreshore licence from the Government that will allow it to survey the proposed areas to determine the project’s final design.

The surveys’ results will be included in the project’s Environmental Impact Assessment Report, that will form part of its overall planning application.

Government climate plans target 7,000 mega watts of electricity from offshore wind by 2030.