HORSES valued at an estimated €1m were killed on a stud farm owned by Qatari interests, after being electrocuted during Storm Darwin.
One of the horses was purchased late last year for in excess of €500,000.
Five fillies at Kilfrush Stud outside Knocklong, Co Limerick, lost their lives during the storm.
It is understood that the horses were in a paddock when a cable snapped and the electric current travelled along the ground killing the five yearlings instantly.
Last November, Kilfrush Stud spent in excess of €510,000 to buy Mill House Stud's New Approach/Gee Kel. The horse perished in last week's freak incident.
"It was devastating for us," said manager David Ryan explained.
"The filly is by New Approach. We bought her because she was a really good-looking filly. They don't come on the market very often – usually they are snapped up by Sheikh Mohammed, who owns New Approach."