Coillte-ESB launch renewable energy joint venture with ambitious 2030 targets

FuturEnergy Ireland will build wind farm developments on Coillte-owned land

FuturEnergy Ireland hopes to develop one gigawatt of wind energy projects by 2030, which it said would be enough to power more than 500,000 homes.

State forestry company Coillte and the ESB have launched their long-awaited renewable energy joint venture, targeting a boost in onshore wind farm development.

The equally-held joint venture, to be called FuturEnergy Ireland, will see the venture build wind farm developments on Coillte-owned land.