Urban Volt plans to supply solar electricity to Irish businesses at 30% discount UrbanVolt intends to install solar panels on client companies’ rooftops, financing and maintaining the equipment itself
Tue, Apr 6, 2021, 04:56
UrbanVolt’s chief commercial officer Declan Barrett (left), chairman Stephen Vernon, chief executive Kevin Maughan, and Graham Deane, chief operating officer. Photograph: Chris Bellew /Fennell Photography
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UrbanVolt, an energy company backed by the State and former commercial property magnate Stephen Vernon, plans to supply solar electricity to businesses at 30 per cent discounts.
State-backed Gore Street Energy to raise funds to expand Irish assets London-listed fund in new share placing at it looks to increasing operational capacity here
about 3 hours ago
London-listed Gore Street Energy is looking to raise up to £190 million (€222 million) via a new share placing with a significant chunk of any money raised to be used to significantly expand its Irish portfolio.
The company, whose backers included the Ireland Strategic Investment Fund (ISIF), is an energy storage fund that invests in assets across Ireland and Britain. Overall, it has 11 projects with a combined operational capacity of 210MW.
Gore Street, which invests in utility scale energy storage projects, said it wants to triple its capacity in the Republic, up to a total of 180 megawatts.
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