Tipperary wind farm 'where wind failed to blow' sold for €70m      

A wind farm in Glencarbry, Co Tipperary, put up for sale two years ago because its owner John Laing said the wind there blew less strongly than anticipated has been sold to Greencoat Renewables
Tipperary wind farm 'where wind failed to blow' sold for €70m      

The Glencarbry wind farm in Tipperary that has been acquired by Greencoat Renewables.

A wind farm in Glencarbry, Co Tipperary, put up for sale two years ago because its owner John Laing said the wind there blew less strongly than anticipated has been sold to Greencoat Renewables. 

Greencoat said it had bought the wind farm of 12 turbines which were first installed in 2017, which will generate power at a minimum price for 15 years under a Government incentive to build wind farms. It gave no price but the acquisition is estimated at €70m.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited