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NTR has appointed Anthony Doherty as chief investment officer designate replacing outgoing CIO Manus O’Donnell. Doherty has also been appointed to the board of NTR and will take up his board seat in May 2021. He has been with the NTR group for 11 years and has extensive renewables investment experience across multiple technologies including wind, solar, energy storage and the bioenergy and energy-from-waste sectors. He has executed over €1.75bn of renewable energy equity and debt transactions across Europe and the USA. NTR chief executive Rosheen McGuckian said: I am really delighted to announce Anthony’s appointment as CIO Designate. Over the past few years, Anthony has played a central role in our transformation into one of Europe’s leading renewable energy specialist investment houses and he will bring his wealth of experience to bear in our plans for further rapid growth. ....
3 big investments in Irish renewables this week siliconrepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconrepublic.com Daily Mail and Mail on Sunday newspapers.
Updated / Wednesday, 24 Feb 2021 09:40 The portfolio comprises two battery storage projects in Co Wexford NTR has bought a 54 MW portfolio of co-located solar and battery storage projects in Co Wexford from renewable energy developer RES. The portfolio comprises two battery storage projects, which will add 25 MW of storage capacity to the Irish grid network, along with 29 MW of solar PV. The projects were acquired by the NTR Renewable Energy Income Fund II, a wind, solar and energy storage fund that operates across a number of European markets. It said that total costs for the projects amounted to about €29m. Manus O Donnell, Chief Investment Officer at NTR, said this mix of solar and battery storage brings much-needed diversity of renewables technology onto the Irish grid, particularly for lower wind days. ....
NTR has acquired a 54MW portfolio of co-located solar and battery storage projects in Co Wexford, Ireland from renewable energy developer RES. The portfolio comprises two battery storage projects adding 25MW of storage capacity to the Irish grid network, along with 29 MW of solar PV. Two of the solar projects were awarded 16-year CFD tariffs in the inaugural Irish RESS-1 auction and the battery storage projects will apply to provide grid services through the Irish DS3 grid services scheme. The portfolio of projects will enter operations in 2022. NTR chief investment officer Manus O‘Donnell said: This mix of solar and battery storage brings much-needed diversity of renewables technology onto the Irish grid, particularly for lower wind days. ....
NTR buys solar and battery storage projects in Wexford independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.