Irish state - owned utility Electricity Supply Board ( ESB ) is looking to acquire a 50 % holding in EDF 's Scottish offshore wind farm Neart na Gaoithe . The 450 MW facility was acquired by the French firm in 2018 for an undisclosed figure with the intention of opening it up to other investors . Electricity Supply Board, the state-owned Irish utility, is in advanced talks to buy a stake in a Scottish offshore wind farm project owned by Electricite de France SA, people familiar with the matter said. The € 1.8bn ( $ 2.3bn ) project will provide power for 375,000 homes once it 's commissioned in 2023 . The sale of a 50 % stake to ESB would assist it in its debt - curbing goal of acquiring assets worth € 3bn ( $ 3.3bn ) .
Irish state - owned utility Electricity Supply Board ( ESB ) is looking to acquire a 50 % holding in EDF 's Scottish offshore wind farm Neart na Gaoithe . The 450 MW facility was acquired by the French firm in 2018 for an undisclosed figure with the intention of opening it up to other investors . The € 1.8bn ( $ 2.3bn ) project will provide power for 375,000 homes once it 's commissioned in 2023 . The sale of a 50 % stake to ESB would assist it in its debt - curbing goal of acquiring assets worth € 3bn ( $ 3.3bn ) .