Greencoat eyes up €300 million wind farm deal

• Portfolio formerly owned by Bord Gáis • Properties sold under troika-mandated disposal

British investment firm Greencoat Capital is closing in on a portfolio of wind farms formerly owned by Bord Gáis in a deal that could ultimately amount to €300 million, The Sunday Business Post has established.

The portfolio, dubbed Project Cape, comprises two operational wind farms – Kill Hill and Knockacummer – bought by Canadian company Brookfield under a troika-mandated disposal of state assets in 2014. They have a combined output of 137 megawatts.