Irish renewable energy company raises €65 million for onshore wind projects

UPDATE: Gaelectric also signs deal with German wind turbine manufacturer.

25th March, 2013
Gaelectric: has secured funding.

Gaelectric, the Irish renewable energy generation and energy storage group, has raised €65 million in funding for its portfolio of on-shore wind energy projects on the island of Ireland.

The projects comprise 164 MW of generation capacity across 13 projects, which the group plans to develop by 2017. It represents a total investment in the region of €250 million.

Speaking about the successful conclusion of its latest funding round, Gaelectric Group’s finance director Barry Gavin, said: “We have...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 11 months ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago