Green energy fund to deploy over €215m into Ireland

Sustainable Development Capital is already working on a project to utilise clean energy to power data centres

The fund has already started construction on a renewable energy solution to power data-centres. Picture: Getty

Sustainable Development Capital (SDCL), a global energy efficiency investment firm, is planning to use a third of its new €650 million fund on Irish projects.

At the end of last year, the London-headquartered company raised money for a Green Energy Solutions Fund (GESF) from key institutional investors including the Ireland Strategic Investment Fund, M&G Investments and HALTRA.

The fund, which has a 15-year term, is focused on investing in projects that enable the energy transition. ...