Greencoat Renewables closes acquisition of Knocknalour wind project
Greencoat Renewables has closed the acquisition of the 9.2 MW Knocknalour wind project for EUR10.9m (USD12.6460 m). The wind farm is located in located in Co Wexford, England and consists of four Enercon E70 turbines. It has been in operation since September 2013.
The acquisition was funded by Greencoat's €250m credit facility. Following the deal, Greencoat's total borrowings will be 21pc of Gross Asset Value, excluding consideration of the Coillte acquisition announced earlier than the present deal which is expected to close during November 2018.
Greencoat Renewables is backed by AIB and the State's Ireland Strategic Investment Fund (ISIF).
Country updates
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September 21, 2018
Floating tidal platform installed in Nova Scotia
Sustainable Marine Energy Ltd has announced that the PLAT-I tidal energy system, equipped with four SCHOTTEL HYDRO SIT250 tidal turbines, has been installed in Grand Passage, between Brier and Long Is...
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September 20, 2018
Wind Infra Network acquires 100% interest of EcoGen
Wind Infra Network has completed the acquisition of 100% shares of the UK wind energy player, EcoGen. Ecogen develops and manages onshore wind projects. It has currently around 450 MW of pr...
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September 20, 2018
Gore Street Energy Storage Fund announces 19 MW acquisition
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September 20, 2018
SSE and Fluor submit new optimised application for Seagreen wind projects
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September 19, 2018
Black Rock Tidal Power gets permit for tidal project in Nova Scotia
The Department of Energy and Mines of the government of Nova Scotia, a province in eastern Canada, has issued a marine renewable energy permit to Black Rock Tidal Power for a tidal electricity pr...
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