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US investment giant Carlyle is buying eight solar-powered electricity projects from Irish business BNRG in a €110 million deal.

Dublin-based BNRG develops and operates solar farms in the Republic, Europe, the US and Australia. The company confirmed on Tuesday that it is selling eight solar projects that it is building in the US state of Maine to Acadia Renewable Energy, an affiliate of $221 billion (€187 billion) investment business, Carlyle.

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Recently, BNRG Director David Maguire spoke with Paul O’Donoghue, the Irish Business Reporter for The Times about solar PV in Ireland: He doesn’t mean to, but David Maguire is completely talking over my head. Mr Maguire is the boss of BNRG Renewables, one of the country’s only solar power developers of scale, and head of…

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IFSC-headquartered developer predicts its US portfolio will grow to a total value of €336m

Irish solar energy has attracted increased levels of interest as improved technologies have made it possible to generate power from solar panels in the Irish climate

Irish solar energy developer BNRG renewables has struck a financing deal for the first projects in a US portfolio which it predicts will grow to a total value of $375 million (€336m).

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