Overview

Gaelectric was established in 2004 with a mission to empower the next generation of energy users with power from nature.
We are an Irish-headquartered group that develops, operates and manages renewable energy assets and energy storage projects, and provides services to business, public bodies and landowners.

We are developing and managing a portfolio of renewable energy projects across the sustainable energy spectrum.
Our business operations include:

  • Development, operation and management of wind energy projects on the island of Ireland.
  • Offshore wind energy development in the Irish Sea
  • Energy Storage systems utilising compressed air energy storage (CAES), battery and flywheel technologies
  • Bioenergy solutions
  • Solar energy installations
  • Trading and Market Services, and
  • Energy Solutions to seize opportunities in evolving energy markets

We employ over 80 people across engineering, project management, planning, electrical and networks, and corporate finance disciplines. Our offices are in Belfast and Dublin.

Corporate Finance

We have assembled an experienced 10-person team of corporate and project finance professionals to lead on all project appraisal, financing and acquisition assessments.

We assess acquisitions and joint venture proposals under a rigorous framework that includes multi-disciplinary peer group review with final investment decisions reserved for the Gaelectric Board.

Our in-house team conducts due diligence assessments across key project elements including:

  • Land; in conjunction with external legal advisers
  • Energy resource; independently validated
  • Technology
  • Grid and network connections
  • Planning
  • Construction plan
  • Transport access

Our in-house teams lead all commercial negotiations and financing activities.

Our asset management and energy markets teams take responsibility for projects once they become operational.

Investing in Gaelectric

e are funded by our shareholders, investors and lenders. Our commercial focus is on increasing the value in our business and providing attractive returns for our investors. We do this through effective management of developments and operating assets, and the acquisition of assets where we can add value.

Periodically we provide instruments to enable investment in Gaelectric or one of our businesses.

If you wish to learn more about Gaelectric or would like to be informed of future investment opportunities, please contact

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Board and Governance

Our Board under the chairmanship of Ciaran O’Brien (non-executive) is comprised of a majority of non-executive directors each with significant expertise and career experience in business and public affairs.

It provides critical oversight of business activities on behalf of our shareholders and investors, and guidance and approval of key business and strategic decisions. Our Board has two sub-committees, namely Audit and Risk, and Remuneration.

Funding Announcements

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 [...]