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Energia reach financial close for €145m Donegal wind farm Meenadreen facility to provide power for 7

April 30

Energia Renewables has reached financial close on major new €145m wind farm development.

Energia reach financial close for €145m Donegal wind farm Meenadreen facility to provide power for 70,000 homes

Energia Renewables has reached financial close on major new €145m wind farm development.

The Meenadreen Extension wind farm in Co Donegal will use 38 Nordex N90 turbines to provide over 255 gigawatt hours each year, enough to power 70,000 homes, and will also involve the construction of a new €11m substation which will contribute to strengthening the electricity network in Donegal. 

Energia’s operational windfarm portfolio, which combines power from Energia’s windfarms and power from third party windfarms contracted to Energia under power purchase agreements, currently supplies 795MWs of green power. This will increase by a further 300MWs of ‘green’ power by a number of wind farm facilities, including Meenadreen, that are currently in development.

Peter Baillie, Managing Director, Energia Renewables said, “We are delighted to reach this significant milestone in the development of our flagship 95MW Meenadreen Extension wind farm project. The development of this new wind farm is a very positive step forward for renewable energy in Ireland and this is something that is very important to us.”

“Energia currently supplies over 795MWs of renewable energy to homes and businesses across Ireland.  We are on track to supply over 1,000MWs by the middle of this decade. Energia Group remains one of the most significant contributors to the achievement of Ireland’s renewable targets and one of the largest investors in the renewable sector.”

“We’ve received a lot of support from the local community and we’re very grateful for this. The development of our new wind farm is a very positive step forward for renewable energy in Ireland and this is something that is very important to us. All of our wind farm developments bring significant benefits to the local economies, including job creation, construction suppliers, increased rates for the local authorities and improvements to local infrastructure such as roads.”

Energia has a 23% market share of the Irish business electricity and gas market supplying the energy needs of over 60,000 business customers. In addition to renewable assets, the company also operates a 750MW gas fired power station in north Dublin.

Energia has also entered the residential electricity and gas market with a great new offer for consumers nationwide.  Energia’s offer will guarantee consumers savings of up to 15% off standard rates for both gas and electricity.

Energia has offices in Dublin, Galway, Cork, Belfast and Omagh

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