Eiffel Investment Group has led a €323 million financing facility for Power Capital Renewable Energy to support its expansion in Ireland's renewable energy sector.

Information on the Target

Power Capital Renewable Energy, headquartered in Dublin, is recognized as Ireland's leading independent power producer (IPP), with a strong emphasis on utility-scale solar photovoltaic (PV) and battery energy storage systems (BESS). Since its inception in 2011 by founders Peter Duff and Justin Brown, the company has established itself as a key player in the renewable energy sector, operating across the entire lifecycle of its assets, from site selection and development to financing, construction, and long-term operation. With an operational capacity of over 230 MW and an ongoing construction phase of 330 MW set for completion in early 2026, Power Capital has a substantial development pipeline, exceeding 5 GW of solar PV and BESS projects.

Power Capital's strategic approach has led to success in all renewables auction processes, and the company currently holds long-term power purchase agreements with major global technology firms, including Microsoft and Google. This solid foundation positions Power Capital favorably in the rapidly expanding renewable energy market.

Industry Overview in Ireland

The renewable energy sector in Ireland has witnessed significant growth, driven by ambitious government targets and increasing investment in sustainable energy projects. The Irish government aims to achieve 70% of electricity consumption from renew