AIRTRICITY, the renewable/wind energy specialist, has completed funding for the development of its 48 megawatt wind farm at Bindoo, Co Cavan. Norddeutsche Landesbank (NORD/LB) was the Mandate Lead Arranger (MLA) for the €70 million transaction providing a €60m senior debt facility over 15 years, with €10m equity provided by Airtricity itself.

The renewable energy firm Airtricity has announced plans to build four new wind farms in Wexford, Limerick and Cavan in the coming years.

Energy company Airtricity is set to build four new wind farms in Ireland which will double the amount of renewable energy it supplies to the National Grid, it was announced today.