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Glencarbry Wind Farm

Glencarbry Windfarm Ltd, a special purpose vehicle wholly owned by John Laing has achieved financial close on 7th January 2016 for the first windfarm project in the Republic of Ireland, the 36.5MW Glencarbry Windfarm located approximately 20km north of Tipperary.

Summary

John Laing acquired Glencarbry Wind Farm from an Irish well establish developer, Ecopower Ltd, on 9th June 2015 with all the necessary planning consents, grid connection and property in place for JLI to procure the construction and operation of the wind farm .

The wind farm consists of 12 Nordex wind turbines, 7 x N100 (3.3MW - Delta) and 5 x N90 (2.5MW - Gamma) WTGs, associated foundations, roads, crane hardstands, drainage, underground 20kV cable network, public road upgrades, 38kV substation building and substation compound. Glencarbry Wind Farm will be connected by approximately 14km of 38kV underground cable to the ESB Distribution Network at Cauteen substation. Following installation, Nordex will service the turbines for a period of 15 years having signed a Premium Service Contract with John Laing. NORD LB provide circa €50m. of senior debt for the project.

Ongoing activity

The Balance of Plant Contract has been signed with Roadbridge responsible for the supply, installation and commissioning of the civil and electrical balance of plant and contestable 38kV grid connection cable. All other works required for both temporary and permanent connection to be completed by ESB Networks. Wind Prospect Ireland are Owners Engineer and Ecopower Ltd have been appointed as Project Manager. Electroroute will manage the 15 years Power Purchase Agreement.

Civil and electrical works are in progress expected to be completed by August 2016. Wind turbines are due to be delivered and installed by end of 2016. The windfarm is expected to be fully operational by March 2017.