News

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.

NTR plc Acquires a Further 64MW of Onshore Wind

Dublin, October 6, 2016 : NTR has added a further 64MW to its onshore wind portfolio, with the acquisition of three projects, two in Scotland and one in Ireland, bringing the total amount of assets under management for its NTR Wind 1 Fund up to 142MW.