Investing

Davy report: Funds readying more capital for Irish property and energy projects

A survey conducted by Davy Finance found that over 90 per cent of lenders are planning to increase their exposure to Irish credit

Just 3 per cent of respondents to a Davy lending survey are active in the renewables sector

Domestic and international lenders are overwhelmingly planning to increase their exposure to Irish credit despite anticipating deterioration in the market.

A survey conducted by Davy found that over 92 per cent of lenders are seeking to increase their exposure to Irish credit.

The broker surveyed over 40 institutions including domestic and international banks, SME and property-related credit funds, venture debt providers and special situations funders. Almost 70 per cent have more than €500 million available ...