Sunday February 23, 2020

€1bn Irish Life fund buys stake in 10 wind farms

ILP's €1 billion Irish Infrastructure Fund has bought a majority stake in 10 wind projects from Belfast-based Viridian Group.

18th June, 2012
ILP has bought a majority stake in 10 wind farms

The Irish Infrastructure Fund, a €1 billion vehicle set up by Irish Life & Permanent, has bought a majority stake in 10 wind projects from Belfast-based Viridian Group.

The investment in renewable energy is the fund’s first since it started in November, according to a statement from AMP Capital Investors, the Sydney-based manager of the fund.

Eight of the wind parks are in the Republic of Ireland, which is seeking to get 40 per...

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