ESB Group has successfully raised €1 billion in bonds last month, which will be used to fund its significant capital investment programme as it continues on its journey to deliver a net-zero future. The funds were raised through the issuance of two €500m benchmark bonds, a 12 year 4.25% fixed-rate green bond which will be allocated exclusively to finance eligible green projects and a 5 year 4.00% fixed-rate bond.
MaREI, the world-leading Science Foundation Ireland Research Centre at UCC, will carry out the phased study over the next two years / Aim is to examine the use of wet storage to support floating offshore wind projects off Ireland’s coast
ESB today welcomes the outcome of Crown Estate Scotland’s latest seabed leasing process which has resulted in the offer of exclusive development rights to ESB for a 100MW floating wind project in Scottish waters off the north coast of Northern Ireland. The successful project, Malin Sea Wind, is a collaborative bid between ESB and leading technology developers Dublin Offshore Technology and Belfast-based CATAGEN. The outcome underscores ESB’s growing capabilities and expanding presence in the offshore wind industry.
Organisations to pool expertise to mutually support development plans
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