GLIL Infrastructure, a £2.5 billion ($3.4 billion) fund backed by Local Pensions Partnership and Northern LGPS, has acquired a portfolio of 11 wind-farm sites in Ireland through the acquisition of a majority stake in Invis Energy’s portfolio.
This marks GLIL’s first major deal outside the United Kingdom and its 12th investment overall, according to various news sources.
The portfolio, which was established in 2011, operates 453 megawatts of capacity and accounts for 11 percent of Ireland's total installed wind capacity.
GLIL now holds a leading stake in the portfolio, alongside renewable-energy asset developer Craydel Group.
