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Bank of Ireland invests £98m in Scottish offshore project

Summary by RTÉ
Bank of Ireland is providing £98m in finance for a major offshore wind project in Scotland that, when completed, will generate enough green energy to power the equivalent of more than half of all Scottish homes.

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Irish IndependentIrish Independent

Irish households ‘will enjoy income boost’ in 2025, Bank of Ireland predicts

Average earnings are set to grow by 4.5pc this year and by another 4pc next year, according to the latest economic forecast from Bank of Ireland.

·Ireland
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RTÉRTÉ

Bank of Ireland invests £98m in Scottish offshore project

Bank of Ireland is providing £98m in finance for a major offshore wind project in Scotland that, when completed, will generate enough green energy to power the equivalent of more than half of all Scottish homes.

·Ireland
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Business PlusBusiness Plus

Bank of Ireland makes largest green investment to date in Scottish wind farm

Bank of Ireland has announced it will provide £98m (€117m) in finance for a major Scottish offshore wind project. Located 15km off Scotland's east coast, Inch Cape will be the bank's largest single green energy investment to date, and the second major ESB-sponsored offshore wind project it has supported. Bank of Ireland acted as joined mandated lead arranger (MLA) with an international leading syndicate on the 1.1GW wind farm joint venture betwe…

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RTÉ broke the news in Ireland on Wednesday, January 29, 2025.
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