Black & Veatch achieves financial close for Black Lough wind park in County Sligo

Engineering and consulting firm Black & Veatch has achieved financial close for the Black Lough onshore wind farm and the Three Trees and Enros wind farms in Ireland. The company was working on behalf of ING Bank, a branch of ING-DiBa AG, a major backer of renewable energy and sustainability projects globally.

The Black Lough project is a 14.1 megawatt (MW), a six-turbine array in County Sligo, Republic of Ireland.  Three Tree and Enros are respectively 4.6 MW and 2.3 MW (two and one-turbine) projects in County Donegal, Republic of Ireland. The project sponsor is SMR. Black & Veatch’s technical due diligence team encompassed environmental consulting, civil and electrical engineering evaluations, and leading-edge digital wind yield analytics. The team provided ING with a full technical assessment of the project’s sustainability, buildability, and profitability. Black & Veatch also delivered construction monitoring services.

The Black Lough, Three Trees, and Enros wind farms are some of the last Irish projects to be supported via the Renewable Energy Feed-in Tariff (REFIT) 2 Scheme, and in order to qualify had to meet tight construction deadlines. SMR’s confidence in the project was such that construction was initiated ahead of financial close.

With Black Lough now operational, Black & Veatch’s support for ING Bank is continuing with technical due diligence and construction monitoring on the Three Trees and Enros windfarms.