SECTOR : Independent power producer
ENTRY DATE : 2020
BUSINESS : Renewable Energy
WEB : www.powercapital.ie
Irish solar developer
Power Capital is one of the leading solar independant power producer in Ireland. Power Capital is currently developing a solar PV portfolio of over 1 GW in Ireland of which 230 MW are under construction and should be commissioned at the beginning of 2024. The company also took a position of leadership in the space of power purchase agreements (PPAs) in Ireland and is on track to deliver green electricity to large international offtakers. In addition, Power Capital recently expanded in the US market through the acquisition of a local developer where it ambitions to develop a solar PV portfolio of more than 2 GW.
PRESS RELEASE(S) :
09/11/2020 • Omnes makes its first investment in the Irish renewables market, teaming up with solar PV developer Power Capital Renewable Energy
23/07/2021 • Leading Irish Renewable Energy firm Power Capital Renewable Energy has acquired the majority interest in a 400 MW portfolio of Solar Assets from one of Ireland’s largest solar developers, Terra Solar in a deal backed by Omnes.