Invis Energy in sell-off of wind farms valued at €330m

A low-profile Cork multimillionaire has started the sale of up to €330 million worth of Irish wind farms alongside his development partner, the €6.5 billion-rated British hedge fund HG Capital.

Invis Energy, the joint venture vehicle of HG Capital and Cork energy tycoon Michael Murnane, began a sales process for one of the most hotly-contested portfolios of wind power in the state late last year.

Bidders for the wind farms, who submitted their ...