Greencoat Renewables Buys Two Wind Farms in Ireland

Company plans to invest further money in Ireland and wants to strenghten its renewable energy portfolio

Official Press Release Greencoat:

Launch of Greencoat Renewables with acquisition of 137 MW of wind capacity in Ireland

Irish renewable energy investment firm being supported by AIB p.l.c. and ISIF

Greencoat Renewables DAC, a new, wholly-owned Irish subsidiary of Greencoat Capital LLP, today announces that it has agreed to purchase the Knockacummer and Killhills wind farms in Ireland from Brookfield Renewable Ireland, comprising 137 MW of operating capacity. The seed capital for Greencoat Renewables is being provided by Allied Irish Banks p.l.c. (AIB) and the Ireland Strategic Investment Fund (ISIF). Greencoat Renewables intends to raise further long-term capital, over time, to build a leading portfolio of operating renewable energy assets in Ireland with the objective of delivering a progressive income stream to investors. Greencoat Renewables is managed by Greencoat Capital... More

Ireland, renewable energy, wind farm, MW, capacity, onshore
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