Octopus Energy Generation Acquires 43 MW Operational Solar Portfolio in County Kildare and County Cork, Ireland
Octopus Energy Generation has acquired three operational solar farms in Ireland totalling 43 MW — two in County Kildare and one in County Cork — through its Sky Fund (ORI SCSp). The acquisition brings Octopus's Irish renewable energy portfolio to over 300 MW across nine sites, generating enough green electricity for over 82,000 Irish homes annually.
Transaction date: · Source: renews.biz
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 43 MW
- Transaction price
- Not disclosed
- Country
- Ireland
- Region
- County Kildare and County Cork
- Location
- Two sites in County Kildare and one site in County Cork, Ireland
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
Three operational solar farms with a combined capacity of 43 MW generating enough electricity for approximately 10,000 Irish homes annually. One of the Kildare projects is located on a disused golf course. Investment made on behalf of the Sky Fund (ORI SCSp) managed by Octopus Energy Generation.
Additional information
Seller not disclosed. The acquisition brings Octopus Energy Generation's Irish portfolio of operational and construction renewables to more than 300 MW across nine sites, powering over 82,000 Irish homes annually. The Ireland Strategic Investment Fund (ISIF), managed by the National Treasury Management Agency, has committed £80 million to the Sky Fund. Octopus has also invested in Irish energy companies Circal (1 GW solar pipeline), Verde Energy Group and Simply Blue Group.
Source
Original announcement: https://www.renews.biz/solar/octopus-adds-43mw-irish-solar-trio/