in News Departments > Projects & Contracts
print the content item

Vancouver, British Columbia-based Finavera Wind Energy has completed a series of agreements for the sale of its 10% equity interest in the 105 MW Cloosh Valley Wind Project to SSE Renewables for EUR 2.1 million.

The Cloosh Valley Wind Project, located in County Galway, Ireland, was co-developed by Finavera Wind Energy, SSER and Coillte, a state-owned commercial forestry and renewables company.

"Finavera originated and completed the early-stage risk development of the Cloosh Valley Wind Project beginning in 2005," explains Finavera CEO Jason Bak. "With the addition of SSER and Coillte as co-development partners in 2010, the project achieved a number of successful milestones which have resulted in full planning permission and all major permits being received. We are confident the Cloosh Valley Wind Project is on track to arrange project finance later this year."


Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Renewable NRG_id1934
Canwea_id1984
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032