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Gaelectric cleared for Derry wind farm
Credit: Business World, www.businessworld.ie 24 February 2011 ~~
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Translate: FROM English | TO English
Renewable energy group, Gaelectric today said it has secured full planning approval for its 42 MW wind energy development at Dunbeg, Co. Derry representing an investment of E68m.
They have also reached financial close on their wind farm development at Skrine, Co. Roscommon.
Dunbeg will be one of the most significant wind farm developments on the island of Ireland and will generate sufficient renewable power to meet the electricity demand of 24,000 homes.
The development will consist of 14 wind turbines with a maximum hub height of 80 metres and a maximum blade diameter of 90 metres.
Gaelectric has also today announced financial close on its 4.6 MW wind farm at Skrine, Co. Roscommon with Triodos Bank, which specialises in ethical and sustainable investment.
The Skrine wind farm will be operational by July of this year.
“This is a very significant milestone for our business and greatly strengthens Gaelectric’s platform in the energy market. We have now secured planning approval for over 80MW of wind energy developments in Northern Ireland. The Dunbeg site is a world-class energy resource and accounts for over half of this generation capacity,” said Gaelectric Chief Executive Brendan McGrath.
Within the last 12 Months, Gaelectric has secured full planning approval for its Northern Ireland wind farm developments at Carn Hill, Co. Antrim (15 MW), Cregganconroe, Co. Tyrone (12.5 MW) and Inishative, Co. Tyrone (15 MW). In total, Gaelectric is currently progressing 200 MW of wind energy projects on the island of Ireland.
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