News

NTR acquires nine UK solar assets totalling 38.4MW

NTR acquires nine UK solar assets totalling 38.4MW

Dublin, 1 November 2018:  NTR’s second sustainable infrastructure fund, NTR Renewable Energy Income Fund II (the “Fund”) has acquired nine operational UK ground mount solar assets totalling 38.4MW for an enterprise value of €61.3 million (GBP £54.6 million), including a deferred consideration amount of €2.6 million, (GBP £2.3 million) on satisfactory completion of certain conditions.

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November 01, 2018

NTR Acquires 28MW Aeolus Wind Farm Increasing Its Portfolio To Over 220MW

NTR Acquires 28MW Aeolus Wind Farm Increasing Its Portfolio To Over 220MW

Dublin, April 26, 2018:  NTR has added a further 28MW to its onshore NTR Wind 1 LP fund portfolio, with the acquisition of Aeolus, a 28MW wind project located in County Mayo, Ireland.  Total costs for the project amount to just over €50 million.  The project was acquired from private project developers in the Irish market.

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April 24, 2018

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

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.

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January 26, 2018

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

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.

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April 20, 2017

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

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.

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March 20, 2017

NTR Acquires Third Wind Farm From RES

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).

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February 13, 2017