Highfield Solar Secures Financing for Irish Solar Project

• Highfield Solar Ltd secures EUR-65-million financing for 93-MWp Gaskinstown solar park in Ireland, set to be completed by September 2024 with cutting-edge technology.

Highfield Solar Ltd, a joint venture in Ireland, has secured a EUR-65-million project financing debt facility for the construction and operation of the 93-MWp Gaskinstown solar park near Duleek, County Meath. The project, which won in the Irish government's RESS 2 auction, is set to be completed by September 2024 using bifacial modules and fixed-tilt support structures.

The financing for the project is provided by Cooperatieve Rabobank UA, which also financed the Rathnaskilloge project developed by Highfield Solar in December 2023. The JV, consisting of ib vogt, Highfield Energy, and Aura Power, has successfully completed a 282-MWp portfolio in Ireland, with plans for further expansion in the future.

What financing was secured for the construction of the Gaskinstown solar park in Ireland?

• Highfield Solar Ltd secured a EUR-65-million project financing debt facility for the construction and operation of the Gaskinstown solar park in Ireland
• The financing was provided by Cooperatieve Rabobank UA
• Cooperatieve Rabobank UA also financed the Rathnaskilloge project developed by Highfield Solar in December 2023
• The joint venture behind the project consists of ib vogt, Highfield Energy, and Aura Power
• The JV has successfully completed a 282-MWp portfolio in Ireland, with plans for further expansion in the future.