The state’s investment arm and AIB are among the backers of a €150 million renewable energy fund.
Temporis Capital, a London-based investment company, has lined up AIB, the Irish Strategic Investment Fund (ISIF) and a German developer of solar and wind farms to provide financial backing for the fund.
ISIF is committing €50 million to the fund. It will invest in pre-construction renewable energy projects over the next 12 years.
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