Global fund to inject €125m into key green energy projects in Ireland

SDCL is to fund the building of a biogas power plant in Dublin and green hydrogen facility in Co Offaly

15th August, 2021
Global fund to inject €125m into key green energy projects in Ireland
David Hourihane, managing director of SDCL: ‘What we’re doing here is creating an unsubsidised price signal for the production of green gas.’ Picture: Fergal Phillips

Sustainable Development Capital LLP (SDCL), a global energy efficiency investment fund, is set to invest €125 million in the construction of an integrated renewable gas-fired power plant in Dublin and a green hydrogen facility in Co Offaly.

In the first part of the investment SDCL will begin construction later this year on the 100 megawatt (MW) energy centre, which will be powered by renewable biogas and will cost almost €90 million to build.

The power plant...

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