McCann FitzGerald LLP
McCann FitzGerald LLP Advises Greencoat Renewables on €156 Million Sale of Six Irish Onshore Windfarms
We are pleased to announce that we have advised Greencoat Renewables PLC on the successful sale of a portfolio of six Irish onshore wind assets to HitecVision, a leading Norwegian private equity firm, for a total of €156 million.
The transaction involved the disposal of 100% of five wind assets, with a combined capacity of 65.7MW, as well as a 50% stake in one of the larger assets within Greencoat Renewables’ portfolio. This strategic sale marks a significant milestone for Greencoat Renewables and further demonstrates the continued attractiveness of the Irish renewable energy sector to international investors.
The McCann FitzGerald team was delighted to support Greencoat Renewables throughout this complex transaction, drawing on our extensive experience in the renewable energy and M&A sectors. The team was led by John Neeson, Valerie Lawlor and Donncha Sexton.
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