Irish solar firm Power Capital lands €240m deal through European Investment Bank deal

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Eamon Ryan, the Minister for the Environment and Climate, said the deal was a vote of confidence for Irish renewablesPower Capital Renewable Energy, an Irish solar farm developer, has secured up to 240 million in finance, with backers including the European Investment Bank.The Dublin-based firm announced it has closed a construction equity facility, which will allow it to build solar projects across Ireland and possibly internationally.The facility has an initial tranche of 100 million. Part of this will be used to build assets benefiting from Power Purchase Agreements (PPAs) with Microsoft and ...

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