Fred. Olsen Seawind's Codling Wind Park project successful in the first offshore wind CfD auction in Ireland

11 May 2023 14:24 CEST

Today Codling Wind Park has been provisionally announced by the auction
administrator (Eirgrid) as a successful bidder in the first offshore wind CfD
auction in Ireland (ORESS 1).

Codling Wind Park submitted a bid for 1300 MW and the CfD award applies for the
full capacity.

Codling Wind Park is an offshore wind project under development in the Irish
Sea, set in an area called Codling Bank, approximately 13-22 kilometers off the
County Wicklow coast, between Greystones and Wicklow Town.

The project is being developed by Codling Wind Park Ltd, a 50/50 joint venture
between Fred. Olsen Seawind, wholly owned by Bonheur ASA, and EDF Renewables,
wholly owned by Électricité de France SA.

Following a verification process, the final auction result is expected to be
confirmed and announced on the 14[th] of June 2023. Bonheur ASA will revert
accordingly.

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