Power Capital Renewable Energy, Ireland’s leading solar Independent Power Producer (IPP), today announces the closing of an up to €240,000,000 construction equity facility with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias and the European Investment Bank.
Local residential care will be transformed across Ireland under EUR 250 million PPP investment backed by the European Investment Bank, Bank of Ireland and NORD/LB and implemented by Equisisk. The first ever PPP financing for community nursing, agreed this week, will back construction and maintenance of seven new quality residential social care facilities across Ireland.
Irish Prime Minister Micheál Martin and France’s Energy Transition Minister Agnès Pannier-Runacher welcome the electricity interconnector agreement between Ireland and France. The total project cost is €1.623 billion. Funding of €800 million was agreed with the European Investment Bank (EIB), Danske Bank, BNP and Barclays, in addition to a grant of €530.7 million under the Connecting Europe Facility (CEF) and €404 million in financing from RTE (Réseau de Transport d’Electricité).