Ib vogt Closes €230M Sale of 272MWp Irish Solar Portfolio

By Global Infrastructure Sherpa · Feb 6, 2026

Divestiture Solar closed Ireland Feb 6, 2026

USD230M

Deal Value

272 MW

Capacity

operating

Stage

Gaskinstown, Rathnaskilloge, Clonin North

Project

Ib vogt has completed transactions worth approximately €230 million for three solar projects in Ireland with a combined capacity of 272MWp. The portfolio includes the Gaskinstown, Rathnaskilloge, and Clonin North projects. Gaskinstown and Rathnaskilloge have reached commercial operation and were sold to international institutional investors. Clonin North is expected to reach COD in mid-2026. Ib vogt will continue to provide O&M services for the operational plants and delivered full EPC services across the portfolio.

Deal Analysis

Ib vogt's €230 million divestiture of a 272MWp Irish solar portfolio marks a significant transaction in the European renewable energy market. The portfolio comprises three projects: Gaskinstown and Rathnaskilloge, which are already operational and sold to international institutional investors, and Clonin North, expected to reach commercial operation in mid-2026. Ib vogt will continue to provide O&M services for the operational plants, demonstrating their commitment to the long-term performance of the assets. The deal highlights the increasing investor appetite for operational renewable energy assets in stable markets like Ireland. The sale showcases the value creation potential in developing and operating solar projects. Ib vogt's full EPC services across the portfolio further underscore their integrated capabilities. The involvement of Highfield Solar as a developer, along with legal counsel from Mason Hayes & Curran LLP and advisory services from KPMG, points to a well-structured transaction. This divestiture allows Ib vogt to recycle capital for future projects, while providing institutional investors with access to a portfolio of operating and near-term operating solar assets.

€230 million transaction value for a 272MWp solar portfolio.
Portfolio includes both operational (Gaskinstown and Rathnaskilloge) and near-term operational (Clonin North) projects.
Ib vogt retains O&M responsibilities for operational plants, ensuring continued performance.
Involvement of international institutional investors highlights the attractiveness of Irish solar assets.

Market Context: The Irish solar market is experiencing growth, driven by government targets for renewable energy and increasing investor interest in sustainable infrastructure. This deal reflects the broader trend of institutional capital flowing into renewable energy projects across Europe.