The utility deal for Pallas Windfarm Limited has been referred to the competition regulator
ESB Wind Development Limited, a wholly owned subsidiary of the ESB , is buying Pallas Windfarm Limited, new filings with the state’s competition body show., which will conduct a preliminary investigation of the deal. Third parties have until June 19th to make any submissions on the matter.
‘I remember what it was like to count my pennies. Money allows me to live a life I’ve always dreamed of’The deal “is subject to merger filing clearance by the CCPC. As such, ESB is not in a position to comment,” an ESB spokesman said in response to questions from The Irish Times. The ESB is currently in the midst of an expansion of its renewable energy output to more than 5,000 megawatts by 2040, including solar and both onshore and offshore wind assets.
It has also partnered with Ørsted, a Danish energy company, to jointly develop offshore wind projects in the seas around Ireland. The state goal is to deliver up to five gigawatts of renewable energy as well as complementary renewable hydrogen projects.
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