Rubicon Capital Advisors has sold its 100-megawatt Yellow River Wind Farm project near Rhode in Co Offaly, Ireland, to SSE Renewables. A sales price was not disclosed.
The project has already started on-site pre-construction works with full construction work scheduled for 2020. It has the capacity to house 29 wind turbines and is expected to reach completion in 2022.
“This is a landmark transaction for the Irish market, given the size and quality of the Yellow River project and the clean, secure and competitively-priced electricity it will generate for the economy,” said Barry O’Flynn, managing director at Rubicon.
“As Ireland and other international markets strive to rapidly decarbonize their energy systems, Rubicon continues to focus on bringing project developers and global investors together in this critical sector.”
The project is expected to offset more than 2 million tons of carbon dioxide over its lifetime and generate enough electricity
