808, 2016

Gaelectric completes €38 million financing package on two wind farms in county Kilkenny

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.

506, 2016

Gaelectric closes financing on portfolio of five Northern Ireland wind farms

Renewable energy and energy storage group, Gaelectric, announces that it has reached financial close on a portfolio of five wind farms in Northern Ireland.

709, 2015

Gaelectric raises additional €28 million in financing for onshore wind portfolio

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 [...]

1507, 2015

Gaelectric completes refinancing of Dunbeg Windfarm

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.

2811, 2013

Gaelectric agrees in excess of €90 million in funding

€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 [...]