Dáil Éireann Debate, Tuesday - 13 May 2025
328. Deputy Roderic O'Gorman asked the Minister for the Environment, Climate and Communications if the Government will seek to enforce performance security under the ORESS contract for the sceirde rocks project which now looks like it will not be undertaken; and if he will make a statement on the matter. [24192/25]
View answerThe Sceirde Rocks project is a 450 MW offshore wind project that was one of four winners in my Department's first offshore wind auction in 2023. The project is owned by Corio Generation, who announced on 8 April 2025 a planned corporate restructuring that would see them focus on a smaller portfolio of projects worldwide. By letter of 25 April, Corio formally notified my Department that the Sceirde Rocks project would not proceed.
My Department is consulting with the Office of the Attorney General concerning the Corio notification and the consequential procedures to be followed under the contract. It would be premature for me to comment further in advance of receiving that legal advice.
