Greencoat Renewables acquires Tipperary wind farm for €31.2m

The company’s total installed generating capacity has increased to 685.6MW as a result of the acquisition

1st April, 2021
Greencoat Renewables acquires Tipperary wind farm for €31.2m
Glencarby wind farm has been in operation since July 2017

Renewable infrastructure company Greencoat Renewables acquired a Tipperary-based wind farm, boosting the company’s generating capacity to 685.6MW.

Glencarby wind farm, which has been in operation since July 2017, was acquired from the British infrastructure investor John Laing Group for €31.2 million. The acquisition is being funded by Greencoat Renewables’ existing credit facility.

Following the acquisition, the firm’s total borrowings will represent 49 per cent of gross asset value. According to the Greencoat Renewables’...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Bleeperbike plans move into e-scooter market after €600k investment

Companies Donal MacNamee 10 hours ago

High Court rules against An Taisce’s legal challenge to Glanbia cheese plant

Companies Lorcan Allen 13 hours ago

€700m Kerry dairy deal ‘fell through over funding concerns’

Companies Lorcan Allen 3 days ago