Energia Group buys two Co Meath solar projects
- Energy company Energia Group has bought Irish solar developer Solar Farmers Ltd, which has two solar projects in Co Meath.
The two projects, Glenamoy and Darthogue, have planning permission for the construction of solar infrastructure that will generate up to 32MW of exported power with the potential for future expansion to 220MW.
The two projects will produce enough electricity to power 9,000 homes, with the intent to further expand the plants to a scale that could service 58,000 homes in the future.
Today's deal marks the first solar acquisition under the group's five year €3 billion renewable energy investment programme which was announced earlier this year.
Announced in July, Energia's "Positive Energy" investment programme will be implemented across a range of renewable energy projects including onshore and offshore wind farms, solar power, hydrogen fuel generation, bio-energy facilities and the smart grid.
Also read
- Generale du Solaire takes full control of GDS Italia subsidiary
- Velto Renewables to acquire 260 MW of Spanish solar assets
- feld.energy raises EUR 10m to scale agrivoltaics across Europe quickly
- Meyer Burger fails to sell whole group amid relentless competition
- Palestinian Firms Unite for Renewable Energy Investments
