Aitricity raises almost €16m through windfarm sale

Renewable energy company Airtricity has raised nearly €16m by selling 49% of its 24MW wind farm in Scotland to Viridis Clean Energy Group.

Aitricity raises almost €16m through windfarm sale

Renewable energy company Airtricity has raised nearly €16m by selling 49% of its 24MW wind farm in Scotland to Viridis Clean Energy Group.

Viridis, which is an Australian investment fund, is to provide subordinated project debt, bringing the total value of the transaction to £10.5m (€15.6m).

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