The partnership aims to deliver up to 800MW of power generation capacity over the coming decade through an investment of up to €1bn.
"The portfolio of projects contained within this joint venture will be developed through a lease agreement at sites across Bord na Móna's landbank, helping to benefit communities we have been operating in for the past 90 years," said Tom Donnellan, Bord na Móna chief executive. The 50:50 joint venture includes three projects already in pre-planning - the proposed Lemanaghan Wind Farm in north-west Offaly, the proposed Littleton Wind Farm in Tipperary, and the proposed Garryhinch Wind Farm on the border of Laois and Offaly.
It will be responsible for each development up to the planning consent process, funding 100% to this point.
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