Greencoat to sell renewable electricity from Donegal wind farm

The listed renewable energy investment firm has signed a deal with electricity provider PrepayPower which will last for five years

1st August, 2021
Greencoat to sell renewable electricity from Donegal wind farm
The Beam Hill wind farm, which has an installed power capacity of 14 megawatts (MW), is a so-called merchant wind farm. Picture: Getty

Greencoat Renewables, the listed renewable energy investment firm, has signed a multimillion-euro deal with PrepayPower, the electricity provider, to sell renewable electricity from its wind farm in Co Donegal.

Under the terms of the long-term power purchase agreement (PPA), PrepayPower will purchase renewable energy from Greencoat’s Beam Hill wind farm for the next five years. The price agreed was not disclosed.

The Beam Hill wind farm, which has an installed power capacity of...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

‘Ireland will not hit its 2030 offshore wind targets’

Energy Lorcan Allen 1 day ago

Government considers measures to mitigate surging energy prices this winter

Energy Daniel Murray 2 days ago

‘Offshore wind power can be a game changer for Ireland’

Energy Lorcan Allen 2 days ago

Ryan tells foreign investors that Ireland’s power system can handle new high-energy facilities

Energy Daniel Murray 3 days ago