Wedoany.com Report-Oct 09, Wexford is the highest yield area for solar in Ireland according to Highview, which is set to build the 141MWp Rosspile solar PV plant in the county.
Highfield Solar has secured one of the first large-scale solar construction financing deals in Ireland for the development of two sites totalling 282MWp.
The company, which was formed as part of a joint venture between German company ib vogt, Irish company Highfield Energy and UK company Aura Power in 2014, has reached financial close on a €160 million (£138 million) project financing debt facility.
Coöperatieve Rabobank U.A., Landesbank Baden-Württemberg (LBBW) and Norddeutsche Landesbank (NORD/LB) have provided the funding for the projects, through a blend of KFW and commercial loans split eveningly between the three.
The first project is the 141MWp Rosspile solar PV plant, which will be located near the village of Foulksmills in the County Wexford and sit across a ca. 141-hectare site. According to Highfield Solar, this is the highest yield area in the country.
