Encavis fund invests in 23.6 MW wind project in County Donegal
Encavis Asset Management AG (Encavis AM) has successfully advised on the acquisition of an onshore wind farm in Ireland from ABO Wind AG via its subsidiary ABO Wind Ireland Ltd. This marks the inaugural transaction for the EIF IV special fund, which was launched together with BayernInvest Luxembourg S.A. at the end of 2021.
The wind park will have seven turbines in total representing a generation capacity of 23.6 megawatts (MW). Three turbines, each with a capacity of 3.6 MW, have been in operation since 2019. Three similar turbines will connect to the grid in Q1 2022, and the final seventh turbine is expected to be operational by mid-2023. By then, all the seven turbines will be connected to the grid and will provide green electricity to about 24,800 households and save close to 26,400 tonnes of CO2 annually.
The turbines are located in County Donegal in the Northwest of the Republic of Ireland. This location benefits from excellent wind resources with average wind speeds of more than 8 metres per second.
Country updates
-
-
February 04, 2022
Enercon to equip 16 MW Ballykeel wind project in Antrim region
Enercon has secured an agreement with Orsted to supply turbines for a 16 MW onshore wind project in Northern Ireland. The company will install seven E-82 E4 wind turbines for Orsted’s site at B...
Read more -
January 14, 2022
ESB seeks site investigations licence for 800 MW Sea Stacks Offshore Wind project
ESB Wind Development has requested authorization to carry out site studies within the framework of the development of a possible 800 MW wind farm off the coasts of Wicklow and Dublin, Ireland. A subs...
Read more -
November 29, 2021
Shell acquires major share in 1.35 GW Western Star Floating Offshore Wind project
Shell has signed an agreement with Irish leading blue economy developer Simply Blue Group to acquire a 51% share of their Western Star venture, which seeks to develop a floating wind farm off the Clar...
Read more -
November 15, 2021
Nordex to supply turbines for 101 MW Ardderroo wind farm project
The Nordex Group has received an order from Ireland for 22 turbines of the Delta4000 series with a total of 101 MW. Fifteen N149/4.X turbines and a further seven N149/5.X machines are to be supplied...
Read more -
October 12, 2021
Nordex turbines to power 83 MW Oweninny II wind project in North County Mayo
The Nordex Group has received an order for 99.5 MW from Oweninny Power DAC – a joint venture between ESB and Bord na Móna – from Ireland. The order includes the delivery and instal...
Read more
