Energy firm buys up 20 sites for solar farms

Power Capital also planning next growth phase

15th May, 2016

A solar company backed by influential high net worth individuals, including Hostelworld founder Tom Kennedy, has acquired 20 sites for solar farms as it ramps up activity.

Power Capital is also planning for its next phase of growth, which will involve a €120 million funding round.

Key figures in the company are financier and Bellinter hotel owner Barry O’Sullivan, a former director of several of billionaire Dermot Desmond’s companies, and solar project finance specialist Justin Brown....

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