The
fundraising
round,
reported
by
the
Irish
Times,
comes
three
months
after
the
Dublin-based
company
hired
Royal
Bank
of
Canada
Capital
Markets
to
act
as
its
“strategic
investment
adviser”
for
the
roughly
170MW
of
capacity
it
intends
to
bring
on
line
across
Ireland
by
2016,
requiring
at
least
€230m
upfront.
Gaelectric
reportedly
has
planning
approval
for
130MW
of
its
Irish
pipeline
–
most
of
which
is
located
in
Northern
Ireland.
In
addition,
the
company
is
advancing
more
than
500MW
of
onshore
wind
farms
in
the
US
state
of
Montana.
Last
year
it
emerged
Log in to read complete article.
