Port of Cork to get €38.4m EU grant to develop offshore renewable energy facilities

Port company said EU funding announcement positions it 'a step closer to realising its potential for offshore renewable energy'

The grant will help fund the construction of two quay berths at the Port of Cork Company’s deepwater site in Ringaskiddy. Picture: David Creedon

A €38.4m EU grant has been approved for the Port of Cork to help develop its facilities for the offshore renewable energy sector.

The grant, from the EU’s Connecting Europe Facility (CEF), will help fund the construction of two quay berths at the Port of Cork Company’s deepwater site in Ringaskiddy.