Statkraft sells Irish solar project

UK investment firm Octopus Renewables Infrastructure Trust has acquired utility Statkraft's Irish solar farm Ballymacarney for almost EUR 150m.

Photo: Ole Martin Wold

Ireland's largest forthcoming solar farm is already spoken for, as Statkraft has sold 250MW solar project Ballymacarney for EUR 145m to UK-based Octopus Renewables Infrastructure Trust (ORIT), reports The Irish Times.

"Development of solar assets has picked up pace recently in Ireland, and the construction of these projects in Ireland will have a positive contribution to decreasing carbon emissions and helping Ireland on its path for a more renewable future," says ORIT investment director Chris Gaydon.

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