€2bn renewable energy fund buys Kerry wind farm

London-based Cubico Sustainable Investments has completed a deal for the undeveloped Cordal wind farm in Kerry

8th November, 2015
Cordal wind farm in Kerry has been bought

A €2 billion renewable energy fund backed by Spanish banking giant Banco Santander has purchased a wind farm project in Co Kerry.

London-based Cubico Sustainable Investments, which is a joint venture between Santander and two Canadian pension funds, completed a deal for the undeveloped Cordal wind farm in Kerry with domestic Irish renewable developer Saorgus.

The deal was first reported by renewable energy trade magazine reNews, which said that Cubico has set up a holding...

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