Government working on offshore wind harbour package for Cork

Aiming to overcome Port of Cork's €70m funding gap to build new port facilities 

The Port of Cork facilities in Ringaskiddy, Co Crk. The company holds planning permission to extend these. Pic: Larry Cummins

Finance Minister Michael McGrath has said the Government is working “very closely” with the Port of Cork Company to put together a much-needed package to alleviate the firm’s €70m funding gap.

Speaking to the Irish Examiner, Mr McGrath said the Irish Strategic Investment Fund is “engaging intensively” with the Port of Cork to form a funding package from several sources that will enable them to develop the infrastructure necessary to facilitate offshore renewable development.