(Corrects to remove reference to funding in headline,
first and second paragraphs, adds Shaltiel’s relationship with
Enlight in final.)
(Bloomberg) — Enlight Renewable Energy Ltd., an Israeli
clean-power developer, closed a 100 million-shekel ($26 million)
deal for a wind farm in Ireland.
The company will build a 13.6-megawatt wind farm that will
start working by the end of next year. The project is expected
to generate annual revenue of about 13 million shekels for 25
years, Enlight said Thursday in a statement on PR Newswire. The
funding is an expected 80 percent debt and 20 percent equity.
“Ireland’s target of electricity production from
renewables by 2020 is 40 percent, with market potential equal to
4,000 megawatts, compared with 2,000 megawatts today,” Maya
Shaltiel, chief executive officer and founder of Maya
International Strategic Alliances Ltd., said in the statement.
The country also has “very supportive” regulation for wind
power. Shaltiel worked with Enlight on its plans for the Irish
To contact the reporter on this story:
Louise Downing in London at
To contact the editors responsible for this story:
Reed Landberg at
Tony Barrett, Dan Weeks