SSE and Coillte have started commercial operations at the 169MW Galway wind farm in Connemara, Ireland. The €281m project, which is located in the Cloosh Valley, was built in two phases and consists of 58 Siemens Gamesa 3MW turbines. The 64MW first phase is owned and was fully financed by SSE at an investment cost of around €105m.
The 105MW second phase is a 50/50 joint venture between SSE and Coillte which was funded by project finance totalling €176m. Finance was agreed in 2016 with BBVA, Coöperatieve Rabobank UA, and NORD/LB. Electricity generated by the wind farm will be provided to SSE’s retail arm SSE Airtricity. The project will also soon launch a community fund, which will operate for the lifetime of the wind farm.
More information on this article can be found at: http://renews.biz/108885/galway-giant-spins-in-ireland/