Developer profile
ESB
outlook pending Dublin, Ireland
About
Ireland's state-owned electricity company, which owns generation and the national networks, giving it a role in Irish energy policy well beyond its own portfolio. Its offshore build-out runs through partnerships: operating stakes in Scottish and English waters, a large Scottish project under construction, and earlier-stage development in Irish waters.
8 yrs
In the waterfirst COD 2018
7
Projects2 countries
0.27 GW
Delivered & operating2 projects, net of stake
50%
On-time deliveryacross 4 projects with a dated COD trail · mean +2.0 yr slip
On-time delivery compares each project’s first announced completion date with its latest. Directional — a developer’s share of a project is traced through joint ventures, and the sample is small.
Outlook
Stated target
Target discontinued / none stated
Return discipline
—
Portfolio
7 held · live stages first, exits lastCapacity is net of ownership stake — a 50% JV counts half. Gross exposure (full nameplate of every project held): 5.86 GW.
| Project | Country | Stage | MW | Stake | Net MW |
|---|---|---|---|---|---|
| Neart na Gaoithe | United Kingdom | Operational | 450 | 50% | 225 |
| Galloper | United Kingdom | Operational | 353 | 12.5% | 44 |
| Inch Cape | United Kingdom | Under Construction | 1080 | 50% | 540 |
| Tonn Nua | Ireland | Advanced Development | 900 | 50% | 450 |
| Five Estuaries | United Kingdom | Advanced Development | 1080 | 20.8% | 225 |
| Gwynt Glas | United Kingdom | Early Development | 1500 | 33.3% | 500 |
| Clogherhead Offshore Wind Farm | Ireland | On Hold | 500 | 65% | 325 |