Announced
Completed
Financials
Tags
Ireland
Renewable Energy Equipment
solar farms
Majority
Acquisition
Cross Border
Private
Completed
Friendly
Single Bidder
Private Equity
Synopsis
Octopus Renewables Infrastructure Trust, an investment company, completed the acquisition of four Irish solar farms. Financial terms were not disclosed. "We are pleased to have completed this substantial acquisition, which sees ORIT become the owner of Ireland's largest solar complex which will deliver a substantial amount of green electricity. Projects like this are vital to accelerating the journey to net zero. We have been delighted to partner with Statkraft as a highly experienced developer and Microsoft as the offtaker," Phil Austin, Octopus Renewables Infrastructure Trust Chairman.
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