Acquisition in line with NTR's plans to install 20MW of single turbine projects.
Dublin: 1st October, 2014: NTR plc, the renewables investment group, today announced the acquisition of fourteen 250KW single turbine projects in Northern Ireland through the acquisition of KN Energy Ltd. The portfolio of projects comprises four operational sites and a further ten development projects, most of which are at advanced stages of development. With the addition of this portfolio to its existing build out programme, NTR expects to construct, commission and operate a minimum of eighteen 250KW projects across the province within the coming twelve months, with more projects under review thereafter. NTR will manage the assets from its Dublin office, outsourcing their maintenance to a strategic partner, based in Omagh, Co.Tyrone.