Ireland’s first gigascale offshore wind farm – Fred Olsen Seawind and EDF’s Codling – won its 1.3GW of capacity in the nation’s first auction with a strike price of €89.82/MWh ($98.3/MWh).

The winning price emerged as the Oslo-listed parent group of Fred Olsen Seawind told investors that Irish network operator Eirgrid had confirmed Codling as a winner in the auction, following preliminary results in mid-May.