Gaelectric, the Dublin-headquartered renewable energy and energy storage group, announces that it has concluded agreements on a total €38 million financing package for the construction of two wind farms in county Kilkenny.
Sunday, 6 September 2015 – Dublin-headquartered renewable energy group, Gaelectric, announces that it has raised an additional €28m in debt financing from Proventus Capital Partners II AB (“Proventus”). This is the fourth round of financing [...]
German landesbank, Nord/LB, one of the leading providers of finance to the renewable sector, is increasing its project debt facility on the 42 MW Dunbeg project to [£53.3 million]. Utilising best-in-class Enercon technology, commercial generation at Dunbeg Wind Farm commenced in August 2014 and the Project has performed strongly since that date. The additional facility will be utilised by Gaelectric to further grow its onshore wind business both organically and through acquisitions.
€30 million business development and expansion facility with BlueBay Ireland Corporate Credit (BICC) €56 million non-recourse project debt facility with Nord/LB which will be utilised to build out 42 MW Dunbeg wind project located in [...]