TRIG Buys Onshore Wind Farm in Ireland for 17.3 Million Euros

Nov. 28 (Bloomberg) — The Renewables Infrastructure Group
Ltd., a clean energy fund, bought a wind farm in Ireland for
17.3 million euros ($22 million).

TRIG bought the 25.3-megawatt operational wind farm in
County Cork from Renewable Energy Systems Ltd., Guernsey-based
TRIG said today in an e-mailed statement. It takes its total
portfolio of onshore wind and solar plants to about 439
megawatts, it said.

“Taurbeg is an unlevered project with an attractive yield
and operating history,” said Richard Crawford, a partner at
InfraRed Capital Partners Ltd., TRIG’s investment manager.
“With nine project acquisitions completed in 2014, TRIG has
increased its generating capacity in aggregate by more than 50
percent this year, providing further benefits of diversification
and scale, and generating sustainable returns for investors.”

TRIG raised 300 million pounds in July last year to invest
in solar and onshore wind in the U.K., France and Ireland.

To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Tony Barrett, Alex Devine

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