Community Ownership

The Môr Glas and Môr Gwyrdd projects will have a substantial component ring-fenced for ownership by community organisations in Wales. We believe that the community components of the projects will represent Wales’ biggest community energy asset, and we aim to set a new standard for community ownership in Wales.

We are also keen to explore whether we can expand the local ownership further, through investment in the project by Wales-based institutions or pension funds. If we succeed in this ambition, Môr Glas and Môr Gwyrdd will become examples of projects within Welsh waters that return value to Wales-based organisations.

Môr Cymru is a joint venture partnership between Hiraeth Energy and Magnora Offshore Wind that aims to maximise the benefits of floating offshore wind to Wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿