Irish solar firm Power Capital lands €240m funding through European Investment Bank deal

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Irish solar firm Power Capital lands €240m deal through European Investment Bank deal

Power Capital Renewable Energy, an Irish solar farm developer, has secured up to €240 million in finance, with backers including the European Investment Bank.

The Dublin-based firm announced it has closed a construction equity facility, which will allow it to build solar projects across Ireland and possibly internationally. The facility has an initial tranche of €100 million. Part of this will be used to build assets benefiting from Power Purchase Agreements with Microsoft and ...

 

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