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Renewable Energy Giant Invis Energy Puts Galway Wind Farm Up for Sale

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Invis Energy, the Irish renewable energy developer, is selling its Ardderroo wind farm on the west coast of Ireland. The wind farm, with a capacity of 101MW and a cost of €200m, is set to be commercially operational by year-end.

Amazon, the internet giant, has already committed to purchasing electricity from the wind farm to support its renewable energy initiative for data centers in Dublin.

The sale, known as Project Willow, offers the opportunity to acquire 90% to 100% ownership. Invis Energy, with over 500MW in its development pipeline, shows its dedication to renewable energy development in Ireland.

Additionally, the European Investment Bank plans to contribute €1bn in funding to onshore wind and solar farm projects in Ireland and other countries, bolstering the growth of renewable energy in the region.

Overview of Invis Energy’s Galway Wind Farm Sale

Invis Energy, a renewable energy giant, is currently putting their Galway wind farm up for sale. The sale offers the opportunity to acquire between 90% and 100% ownership of the recently commissioned wind farm. This wind farm is located on the west coast of Ireland and is strategically placed near the high electricity demand load requirement of Galway city. It also benefits from exceptional wind resources.

The sale, named Project Willow and being handled by KPMG, is part of Invis Energy’s commitment to renewable energy development in Ireland. Invis Energy has already constructed over 550MW of operational wind farms in the country and has a development pipeline of over 500MW.

The sale of the Galway wind farm presents a significant opportunity for investors interested in renewable energy projects.

Key Features and Benefits of the Galway Wind Farm

KPMG is handling the sale of the wind farm, which offers the opportunity to acquire between 90% and 100% ownership of the recently commissioned project.

Located on the west coast of Ireland, the Ardderroo wind farm is one of the largest in the country, boasting a capacity of 101MW. Developed by Invis Energy, the wind farm benefits from exceptional wind resources and is strategically situated near the high electricity demand load requirement of Galway city.

With a construction cost of €200m, the wind farm is expected to be commercially operational by the end of this year. Notably, internet giant Amazon has already agreed to purchase electricity from this renewable energy project, further highlighting the significance and potential of the Ardderroo wind farm.

The Role of Amazon’s Power Purchase Agreement in the Sale

The power purchase agreement between Amazon and the Ardderroo wind farm underscores the importance of renewable energy investments in Ireland.

As one of the largest wind farms in the country, the Ardderroo wind farm has a capacity of 101MW and was built at a cost of €200m.

With the wind farm expected to be commercially operational by the end of this year, Amazon has already committed to purchasing electricity from this renewable energy source.

This power purchase agreement is part of Amazon’s broader commitment to using renewable energy sources for its data centers in Ireland.

With the growing demand for renewable energy, Amazon’s involvement in wind farm projects in Ireland highlights the country’s progress in transitioning towards a cleaner and more sustainable energy future.

Invis Energy’s Expansion Plans and Development Pipeline

Ardderroo wind farm’s expansion plans and development pipeline demonstrate Invis Energy’s commitment to the growth of renewable energy in Ireland.

With a development pipeline of over 500MW, Invis Energy has a strong focus on advancing renewable energy projects in the country. The company’s portfolio includes highly advanced projects that have the potential for follow-on investment.

In addition, Invis Energy has already constructed over 550MW of operational wind farms in Ireland. This expansion and investment in renewable energy highlight Invis Energy’s dedication to sustainable and clean energy solutions.

Implications for the Growth of Renewable Energy in Galway and Ireland

Implications for the growth of clean power in Galway and Ireland are significant with the sale of the Ardderroo wind farm and the commitment of the European Investment Bank to fund renewable energy projects.

The sale of the Ardderroo wind farm, one of the largest in Ireland, presents an opportunity for increased renewable energy generation. Internet giant Amazon has already agreed to purchase electricity from the wind farm, demonstrating the demand for clean power in the region.

Additionally, the European Investment Bank’s commitment of €1bn in funding for onshore wind and solar farm projects further supports the expansion of renewable energy in Ireland. This funding, combined with private investment, will contribute to the development of medium-sized wind and solar projects.

Overall, these developments highlight the growing importance of renewable energy in Galway and Ireland, paving the way for a greener and more sustainable future.

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Aiden
Aiden
Aiden is a skilled writer who has found his calling as a journalist 2 years ago. With a passion for storytelling and a keen eye for detail, he has quickly made a name for himself in the industry. Aiden's articles are well-written and informative, and he takes great pride in his work. He has a knack for finding the most interesting angles on any story, and his writing is always engaging and thought-provoking. In his free time, Aiden enjoys reading, hiking, and spending time with his family.

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