News

NTR and LGIM raise €390 million in first close of Clean Power (Europe) Fund

Partnership between NTR and LGIM reaches milestone as institutional clients demand greater direct access to the European energy transition 

Dublin, 19 April, 2023: Irish owned NTR, a leading renewable energy specialist, together with Legal & General Investment Management (‘LGIM’), the largest UK-based asset manager, have successfully raised €390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power (Europe) Fund (the ‘Fund’).

NTR achieves DS3 System testing at its Gorey and Avonbeg battery storage projects

Providing critical grid frequency response services to the Irish electricity market

Dublin, 4 April, 2023: NTR, a leading sustainable infrastructure investor and asset manager, is pleased to announce the successful deployment of two Battery Storage Systems in Co. Wexford, Ireland. Gorey battery storage 9 MW and Avonbeg battery storage 16 MW are contracted to provide DS3 (Delivering a Secure, Sustainable Electricity System) services to Ireland’s transmission system operator, EirGrid.

NTR welcomes Joginder Anand to Board

Dublin, 13 February, 2023: NTR, a leading sustainable infrastructure investor and asset manager, is pleased to announce the appointment of Joginder Anand to the Board, as a Non-Executive Director.

NTR finalises NTR REIF II Fund portfolio with 46 MW Momerstroff wind portfolio acquisition in France

The existing five turbine wind portfolio situated in the Department of Moselle, Grand Est region of France, will triple in size to a 15 turbine portfolio and contribute towards the French Government’s push to accelerate the use of renewable energy

Dublin, 2 February, 2023: NTR, a leading sustainable infrastructure investor and asset manager, has successfully completed its final acquisition for NTR Renewable Energy Income Fund II – the 46 MW Momerstroff wind portfolio in the Grand Est region of France. The portfolio was acquired from ecoJoule GmbH and eolec SAS, members of the German developer deanGruppe.

NTR PLC to equip all of its wind farms in Europe with the EPSILINE WindEagle solution

Dublin, 31 January, 2023:  NTR PLC, a leading sustainable infrastructure investor and asset manager, has chosen the WindEagle solution for deployment on all its wind farms in Europe. This follows successful “proof of concept” testing in France and Ireland, which demonstrated the high potential value of the equipment and the analysis capability of Epsiline. As a result, the WindEagle solution is now being deployed on NTR’s wind farms in Ireland, UK, Italy, Sweden and Finland, with a view to monitoring and optimising the entire fleet.

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.