News

NTR Closes Three Debt Facilities to Value of €66.5m for Fund’s Wind Projects

Dublin, January 29, 2018:  NTR announces today that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already in operation.

NTR Refinances 29MW Wind Project with MUFG for £55 Million

Dublin, April 20, 2017:  NTR announces today that it has successfully completed a £55 million refinancing of existing debt facilities of the Twin Rivers windfarm, a 29MW windfarm located in Yorkshire, England, with MUFG’s core banking unit.  The project was acquired by NTR in December 2016 from InfraRed Environmental Infrastructure Fund and the Co-operative Group.

NTR Raises €50m Project Debt Finance from Nord/LB for Two Irish Wind Projects

First Irish contract with Senvion is successfully financed

Dublin, March 20, 2017:  NTR announces today that it has successfully closed two project debt facilities back-to-back in a matter of weeks with Nord/LB totalling €50 million.  The debt facilities will be utilised to finance the construction of the Coollegrean windfarm, a 17 MW windfarm based in Co. Kerry, Republic of Ireland and the Teevurcher windfarm, a 9 MW windfarm, located in Co. Meath, Republic of Ireland.

NTR Acquires Third Wind Farm From RES

Dublin, February 13, 2017:  NTR has added a further 25MW to its onshore NTR Wind 1 Fund with the acquisition of Castlecraig Wind Farm in Northern Ireland, the third such acquisition of pre-construction wind assets by NTR from renewable energy developer RES.  Capital costs for the project amount to just over £50 million (€58 million).

NTR Adds 29MW to its Wind Fund Portfolio

NTR Acquires 29MW Twin Rivers Windfarm from Co-operative Group and InfraRed Capital Partners

Dublin, December 12, 2016:  NTR has added a further 29MW to its onshore NTR Wind 1 LP fund portfolio, with the acquisition of Twin Rivers, a 28.7MW wind project located in Yorkshire, England from joint vendors InfraRed Environmental Infrastructure Fund and the Co-operative Group (“Co-op”).  Capital costs for the project amount to just over £80 million (€95 million).

£27.3 Million Debt Facility Secured by NTR plc for 18MW Wind Project (£90 million (c.€100m) debt finance raised over past six months)

Dublin, October 18, 2016: NTR announces today that it has successfully closed its second project debt facilitiy this year with Ulster Bank Ireland DAC with the financial close of a £27.3 million (c. €30 million) project finance debt facility.