Statkraft Ireland has confirmed that it has completed the acquisition of five fully permitted solar projects from Lightsource BP.
The projects have a combined capacity of 275MWdc and are located in counties Meath, Laois, Tipperary and Cork.
The acquisition is the latest in a series of transactions which Statkraft Ireland has made in the renewable energy sector since 2018.
Statkraft Ireland managing director Kevin O’Donovan (pictured left with Ireland’s Foreign Affairs minister Simon Coveney) said: “One of the projects which we have acquired from Lightsource, namely Blundelstown in Meath, was actually successful just last month, in RESS-1.
“The outcome of that particular auction was hugely encouraging and has given us at Statkraft, the platform we need to increase the rollout of green energy projects in Ireland thereby decarbonising the grid and playing our part in helping to meet critical climate change targets.
“We are already quite advanced in developing the construction programme to deliver these RESS-1 projects.
“We are very pleased to be adding to our rapidly-expanding portfolio with this suite of projects which dovetail perfectly with our ongoing efforts to reduce Ireland’s dependence on fossil fuels.
“Lightsource bp has an established track record and as such, the high quality of each development rendered this bundle of solar farms, an extremely attractive proposition for us.”
Lightsource bp CEO for Europe and International Kareen Boutonnat said: “We have been active across the island of Ireland for many years, having developed and connected the first utility scale solar projects in the North some years ago and have been progressing projects in the Republic since 2015.
“We are delighted to enter into this agreement with a company of the calibre and profile of Statkraft. We continue to be fully committed to developing Ireland’s utility scale solar market and assessing future opportunities.”