Investee Company Name: Killala Community Wind Farm DAC
Investment Amount: €4,500,000
Industry: Renewable Energy Production
The Goodbody EIIS Funds are delighted to confirm that they have successfully disposed of its investment in Killala Community Windfarm.
The Goodbody EIIS Fund invested €4.5m in the Killala Community Wind Farm project across two different funds. The investment was used to part fund the construction costs of the project along with senior debt coming from AIB.
It was announced in November 2019 that Greencoat Renewables acquired the Killala Community wind farm for an initial consideration of €37.2m. The Killala Community wind farm consists of five Siemens 3.4MW turbines which have been generating electricity since July 2019.