Euro heavy hitters circle for €250m Gaelectric assets

Wind farm firm values tangible assets at €190 million

8th May, 2016
Gaelectric are one of the biggest wind farm owners in Ireland

Some of the largest European pension and infrastructure funds are facing off in a €250 million race for a stake in the portfolio of wind farms owned by Irish company Gaelectric.

It is understood that PensionDenmark and compatriot fund PKA have run the rule over the assets, as has Dutch investment fund PGGM.

A host of infrastructure funds have also been approached by Rothschild, the US private bank which has been appointed to run the...

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