Supporting SSE in JV with Bord Na Móna to Develop Eight Onshore Wind Projects

We are very pleased to have acted for SSE Renewables on its 50/50 joint venture with Bord na Móna, known as Project 30. The JV was structured by way of SSE’s acquisition of a 50% interest in eight SPVs, which were established for the purpose of owning and developing eight onshore wind projects. The wind farms will comprise approximately 600-900MW of gross capacity throughout Ireland.

Rory Kirrane SC, Partner and Head of our Construction, Infrastructure & Utilities team commented: “The completion of this transaction represents a very successful outcome for our client. Project 30 is the largest onshore JV for SSE in the Irish market in recent years. The development of these wind farms will be of great importance in helping Ireland to meet its 2030 Renewable Energy Target of 80% of all electricity coming from renewable sources by 2030.”

The advisory team comprised lawyers from our Corporate, Real Estate, Construction and Commercial teams, including Partners William Dillon-Leetch, Vanessa Byrne, Liam Heylin and Jay Sattin.

For more information and expert advice on energy matters impacting your organisation, contact a member of our Energy team.