IFLR1000

Cloosh Valley 105MW Onshore Wind Farm

1/12/2015
Project development, Project finance
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€ 250 million

$ 267.131 million

Completed

1/12/2015

Overview:

  • Cloosh Valley 105MW Onshore Wind Farm
  • The project is located in Galway and is part of the wider Galway Wind park project.
  • The project is the largest wind farm in Ireland and can supply 68,000 homes.
  • The project is a joint venture between Finanvera Renewables and SSE, though Finanvera sold its stake to SSE.
  • Norddeutsche Landesbank Girozentrale, BBVA and Coöperatieve Centrale Raiffeisen-Boerenleenbank are providing the finance.

Sam Duke - Editor

Jurisdiction:

Ireland

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy

Firms:
A&L Goodbody

Party: Norddeutsche Landesbank Girozentrale (Lender)

Party: BBVA (Lender)

Party: Coöperatieve Centrale Raiffeisen-Boerenleenbank (Lender)

Lawyer: Ross Moore

Mason Hayes & Curran

Party: Cloosh Valley Wind Farm (Borrower, Project company)

Lawyer: William Carmody

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