ISIF broadens scope with €140m solar investment

The Ireland Strategic Investment Fund (ISIF) has made its first move into the solar energy market as part of a €140m co-investment in Dublin-based energy developer Power Capital, writes Geoff Percival.

The Ireland Strategic Investment Fund (ISIF) has made its first move into the solar energy market as part of a €140m co-investment in Dublin-based energy developer Power Capital, writes Geoff Percival.

The State-run commercial investment vehicle has teamed up with Capital Stage, a publicly-quoted Hamburg-based solar and wind park operator, on the investment which will see both take an equity stake in Power Capital.