NTR has closed two project debt facilities with Nord/LB for a combined EUR45 million (US$49.7 million). The debt facilities are being used to finance the construction of two wind farms in the Republic of Ireland, both of which are expected to be fully constructed by the end of 2019 in time for awarding of the Irish government REFIT tariff.
The projects - Boolard wind farm located in County Cork, Ireland and Aeolus wind farm located in County Mayo, Ireland - will add a further 32 MW of installed clean power to the Irish power system. They make up the final two projects under construction of NTR’s Wind 1 LP Fund, which commenced investments in onshore wind in late 2015, bringing the total capacity of the fund to just under 225 MW.
Country updates
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September 11, 2019
Greencoat Renewables invests in 20 MW Gortahile wind farm in Ireland
Greencoat Renewables has entered into an agreement to acquire the 20 MW Gortahile wind farm situated in Ireland from Glennmont Partners. The transaction is expected to close on 18 September and will...
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September 04, 2019
RES acquired a planning permission for 14 MW Barr Cregg wind farm in Northern Ireland
Renewable Energy Systems Ltd (RES) has acquired planning permission for the 14 MW Barr Cregg wind farm project that be builtat Barr Cregg, near Derry, Northern Ireland. The facility consists of seven...
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August 16, 2019
Neoen completes acquisition of 53.4 MW of wind projects in Ireland
Neoen has announced the acquisition of eight wind farms in operation in Ireland, with a total capacity of 53.4 MW. Neoen is acquiring full ownership of these assets, which were previously owned by the...
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June 10, 2019
Gore Street Energy fund agrees to acquire 51% stakes in a 160 MW energy storage portfolio
Gore Street Energy Storage Fund plc has agreed to acquire a 51% interest in a 160 MW portfolio of energy storage projects in Northern Ireland and the Republic of Ireland. The fund needs about GBP77 m...
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June 06, 2019
DIF completes acquisition of 69 MW Dublin waste-to-energy project
DIF, through its most recent fund DIF Infrastructure V, has announced that it has closed the acquisition of a stake in the Dublin Waste to Energy PPP project. The project is an operational waste to en...
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