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Renewable Energy Company To Invest Near €150 Million In Irish Solar Farms, Including In Co. Kildare

Thursday, 16 December 2021 08:18

By Ciara Noble X @niaracoble

Stock image: Pexels

Power Capital Renewable Energy

An Irish renewable energy company is to invest €140 million in six ready-to-build solar farms.

Power Capital Renewable Energy bought solar farm sites in several counties including Kildare, Galway, Waterford & Clare.

The firm acquired the sites from Renewable Energy Systems, for an undisclosed amount.

The sites come complete with planning permission from local councils, including Kildare County Council.

It brings the company's total portfolio to over 1.1 GW.

Co-Founder of PCRE, Justin Brown, says everything changed for the company when it was bought by a French private equity firm.

 

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