Deals Counterparts

Innagreen Investments enters UK market with acquisition of rural Derry wind farm

Acquisition Onshore Wind announced Limavady, United Kingdom
38.7 MW
Capacity
operating
Stage
Dunbeg South
Project

Innagreen Investments has acquired the Dunbeg South wind farm in Northern Ireland from RES, marking its first entry into the UK energy market. The project comprises nine turbines and will deliver 38.7 MW of clean electricity, enough to power around 31,000 homes annually. RES will continue to undertake development and construction management and provide technical services to the wind farm once it becomes operational.

Deal Analysis

Innagreen Investments, a French-based infrastructure investment firm, has entered the UK energy market through the acquisition of the Dunbeg South wind farm in Northern Ireland from RES. This acquisition provides Innagreen with a foothold in the UK's renewable energy sector and aligns with their focus on sustainable investments. The Dunbeg South wind farm, consisting of nine turbines with a total capacity of 38.7 MW, is an operating project capable of powering approximately 31,000 homes annually. RES will continue to provide development, construction management, and technical services, ensuring operational continuity and leveraging their expertise in renewable energy projects. This deal is notable due to Innagreen's entry into a new market and the continued involvement of RES, a leading global renewable energy company. The 38.7 MW capacity adds to the UK's renewable energy generation portfolio. While the deal value is not specified, the acquisition represents a strategic move for Innagreen to expand its renewable energy assets and contribute to the UK's clean energy transition. The continued involvement of RES mitigates operational risks and ensures the long-term performance of the wind farm.
  • Innagreen Investments enters the UK market for the first time.
  • The acquired wind farm has a capacity of 38.7 MW, powering approximately 31,000 homes.
  • RES, a leading renewable energy company, will continue to provide development, construction management, and technical services.
  • The deal demonstrates continued investment in UK onshore wind energy.
Market Context: The UK renewable energy sector is experiencing growth driven by government policies and increasing demand for clean energy. Onshore wind projects play a crucial role in achieving the UK's renewable energy targets and reducing carbon emissions. This acquisition reflects the ongoing investment activity in the sector.

Market Context

This deal is part of the Onshore Wind sector in United Kingdom.
74
Onshore Wind deals
94
deals in United Kingdom
1 of 61 Onshore Wind deals tracked this month · Updated daily

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