News

NTR Fund Acquires 54 MW of Co-Located Solar and Battery Storage in Ireland from RES

NTR Fund Acquires 54 MW of Co-Located Solar and Battery Storage in Ireland from RES

Dublin, 24 February 2021:  NTR has acquired a 54 MW portfolio of co-located solar and battery storage projects in Co. Wexford, Ireland from renewable energy developer RES.  The portfolio comprises two battery storage projects adding 25 MW of storage capacity to the Irish grid network, along with 29 MW of solar PV.  Two of the solar projects were awarded 16-year CFD tariffs in the inaugural Irish RESS-1 auction and the battery storage projects will apply to provide grid services through the Irish DS3 grid services scheme.  The portfolio of projects will enter operations in 2022.

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February 23, 2021

NTR Fund Acquires 48.4 MW Artigues and Ollières Wind farm in France

NTR Fund Acquires 48.4 MW Artigues and Ollières Wind farm in France

Dublin, January 6, 2021: NTR  has added a further 48 MW to its renewable energy platform through the acquisition of the Artigues et Ollières wind farm, located in the Provence-Alpes-Cote d'Azur region of France. The project was acquired by the NTR Renewable Energy Income Fund II, a wind, solar and energy storage fund that operates across a number of European markets.  Total costs for the project amount to over €90 million. The project, which comprises 22 Vestas turbines, has recently commenced operations.

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January 06, 2021

NTR Renewable Assets Displace Enough Co2 Emissions to Offset Over 480,000 Passenger Flights From London to New York

NTR Renewable Assets Displace Enough Co2 Emissions to Offset Over 480,000 Passenger Flights From London to New York

Dublin, 9 September, 2020:  NTR’s portfolio of European wind and solar assets produced enough clean energy to displace 166,262 tonnes of CO2 emissions during its most recent financial year, which is enough to offset 482,159 passenger flights[1] from London to New York. This is just one of the facts disclosed in the NTR ESG Annual Report 2020, which was launched today.

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September 09, 2020

NTR Completes €370 Million Refinance of 220MW Wind Portfolio

NTR Completes €370 Million Refinance of 220MW Wind Portfolio

Dublin, 26 August, 2020:  NTR  announces that it has successfully completed a €370 million portfolio refinance of a 220 MW onshore wind portfolio for its NTR Wind 1 LP fund. The fund was established by NTR to construct and operate onshore wind projects availing of the attractive REFIT (Ireland) and ROC (UK) long-term supports. With all projects in the fund now in operation from earlier this year, NTR availed of the opportunity to replace the existing individual project financing packages with a highly competitive and flexible portfolio refinance.

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August 26, 2020

Infrastructure Investor Magazine: Why failing to do the right thing will cost you

Infrastructure Investor Magazine: Why failing to do the right thing will cost you

Rosheen McGuckian, CEO of NTR, along with two other industry experts, tells Infrastructure Investor’s Bruno Alves how incentives, supply chain management, profit sharing, sensible tax policies and cutting carbon emissions help make you a responsible operator.

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March 05, 2020

NTR Signs PPA as Part of Financing of Swedish Wind Project

NTR Signs PPA as Part of Financing of Swedish Wind Project

Dublin, 3 February 2020:  NTR has signed a power purchase agreement (“PPA”), with a European utility as part of its financing of 94MW of wind projects in Sweden and Finland.  The utility will offtake 70% of the power generated over the next 15 years by Trattberget, a 69MW wind project in the portfolio.  The power produced by the remaining two projects will continue to avail of existing revenue arrangements.  An existing offtake arrangement is in place with an industrial pulp mill for the 10MW Skutskär project in Sweden and the 15MW Svalskulla wind project avails of the Finnish feed-in-tariff system.

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February 03, 2020