News

L&G NTR Clean Power Fund Acquires Three Solar Projects in Spain Totalling 115 MWp

Transaction marks first investment for fund recently launched by Legal & General Investment Management (LGIM) and renewable energy specialist NTR.

Dublin, 4 January, 2023:  The L&G NTR Clean Power (Europe) Fund managed by Legal & General Investment Management (LGIM), one of the world’s leading asset managers and NTR, a leading renewable energy specialist, has acquired three Spanish pre-operational solar projects from global renewable energy company BayWa r.e.

NTR achieves commercial operation at 86MW Norra Vedbo Wind Farm and confirms corporate PPA with Microsoft

Norra Vedbo Wind Farm, located in the Jönköping and Aneby Municipalities of southern Sweden 

The 20-turbine onshore facility utilises rock anchor foundations to lower carbon embodiment by 27%

Reichmuth Infrastructure Fund co-invested in project, with debt finance provided by SEB 

Dublin, November 16, 2022: NTR, a leading sustainable infrastructure investor and asset manager, today announced that it has achieved commercial operation on schedule at its 86MW Norra Vedbo onshore wind farm located in the SE3 energy price region in southern Sweden. The €115m project is supported by a co-investment from Reichmuth Infrastructure Fund alongside the NTR REIF II Fund, while Skandinaviska Enskilda Banken AB (SEB) provided debt financing. 

NTR acquires 70MWp Medebridge Solar Farm

Located on the outskirts of London

Dublin, November 16, 2022: NTR Plc is pleased to announce that it has acquired the 70MWp Medebridge Solar Farm from the management team of REG Power Management (“RPM”) and other shareholders.

Irish Bank AIB announces agreement with NTR to buy energy from two new solar farms, providing 80% of AIB’s energy requirements

Solar farms will provide 21.4 GWh of new renewable energy to Irish grid, helping power AIB’s retail and office network of over 270 properties

Dublin, October 17, 2022: NTR has signed a Corporate Power Purchase Agreement (CPPA) with Irish banking group AIB to source energy generated from two solar farms NTR will construct in County Wexford. AIB is the first Irish company to conclude such an agreement, helping it deliver on its commitment to source 100% of its power requirements from certified renewable energy sources by 2030.

NTR bolsters Power Sales team

Francisco Del Rio joins as Associate Director of Power Sales, based in Madrid 

Dublin, October 13, 2022: NTR, a leading sustainable infrastructure investor and asset manager, is pleased to announce the appointment of Francisco Del Rio as Associate Director of Power Sales in Europe. Building on NTR’s success in contracting corporate PPAs and other ancillary power revenues across a number of European markets in this newly created role, Francisco will work on new Power Purchase Agreements (PPAs), balancing, and Battery Energy Storage System (BESS) revenue optimisations, alongside identifying opportunities to maximise non-contracted revenues. 

NTR Completes c.£38 Million Financing Deal with Rabobank

Murley Wind Farm, Northern Ireland and Ockendon Solar Farm, London will have a combined capacity of 80 MW 

Innovative financing partnership with co-operative bank, Rabobank 

Ockendon Solar Farm will provide BT Group with renewable electricity through new Power Purchase Agreement 

Dublin, September 21, 2022: NTR, a leading sustainable infrastructure investor and asset manager, is pleased to announce that it has successfully completed the combined financing of two projects – Murley Wind Farm and Ockendon Solar Farm – in partnership with Rabobank who have provided c.£38 million of debt.