Greencoat Renewables Buys Two Wind Farms 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: Official Press Release Greencoat

Keywords:

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