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Infrastructure fund in renewable sector deal

The Irish Infrastructure Fund has completed its first investment in the renewable sector by acquiring majority interest in the portfolio of wind farms from Viridian Group for an undisclosed fee.

Infrastructure fund in renewable sector deal

Tue, 19 Jun, 2012 - 01:00

Vincent Ryan

The fund was established in 2011 by Irish Life Investment Managers, with AMP Capital appointed as discretionary investment manager and the National Pensions Reserve Fund as a cornerstone investor.

The NPRF has already contributed €300m and the fund will seek up to €1bn from global and Irish institutional investors.

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Infrastructure fund in renewable sector deal

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Courts Place: Ireland Place: Republic of Ireland Place: Europe Place: Atlantic Ocean Person: Paul Carty Person: Boe Pahari Person: Peter Baillie Organisation: Irish Infrastructure Fund Organisation: Viridian Group Organisation: Irish Life Investment Managers Organisation: AMP Capital Organisation: National Pensions Reserve Fund Organisation: NPRF Organisation: IIF Organisation: Viridian’s Organisation: Energia Organisation: amp Organisation: Macquerie

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