Ib vogt has completed transactions worth about €230m covering three Irish solar projects with a combined capacity of 272MWp.
The portfolio comprises the 94.7MWp Gaskinstown project (pictured) in County Meath, the 107.7MWp Rathnaskilloge site in County Waterford and the 69.4MWp Clonin North project in County Offaly.
All three schemes were developed by Highfield Solar, in which ib vogt is a partner, with Rathnaskilloge fully owned by the company and the other two owned by the joint venture.
Ib vogt said the projects secured 15-year capacity contracts under Ireland’s Renewable Electricity Support Scheme 2.
Gaskinstown reached COD in August 2025 and was sold to an international institutional investor with closing completed in December 2025.
Rathnaskilloge achieved COD in September 2025 and was also divested to an international institutional investor in December.
ib vogt said both operational projects will provide substantial clean electricity to support Ireland’s 2030 target of 80% renewable generation.
Clonin North is progressing towards COD in mid-2026 with closing expected after commissioning, and has obtained all necessary approvals and grid agreements.
The three assets generate around 275GWh per year, enough to power more than 65,600 households while avoiding an estimated 70,250 tonnes of CO₂ annually.
Andreas Schell, ib vogt chief executive, said: “We are pleased to complete these Irish transactions, which demonstrate that economically sustainable infrastructure continues to attract institutional capital even in challenging market conditions.”
He added that the portfolio shows the company’s ability to create assets delivering value for investors, communities and Ireland’s decarbonisation goals.
ib vogt will continue to provide O&M services for the operational plants and delivered full EPC services across the portfolio.
The projects use advanced technology designed to maximise generation efficiency and meet RESS 2 community benefit requirements of €2 per MWh.
KPMG acted as exclusive financial adviser to ib vogt and Mason Hayes & Curran LLP provided legal counsel.