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Irish wind energy developer plans to raise almost €250m

Seven Irish wind projects could generate enough green energy for 208,000 homes

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EMPower, a Dublin-based renewable energy developer, plans to raise close to €250m in construction equity financing to support the development of its wind farm portfolio in Ireland.

The company has plans to develop seven projects in Ireland targeting the Renewable Electricity  Support Scheme auctions for 2023, generating around 375 megawatts (MW) of power, which could represent an investment of about €412.5m if all were successful. If all projects progress through planning, they could also generate enough energy for nearly 208,000 homes, support around 500 construction jobs and create over 130 operational roles over the projects’ lifetimes.


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