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Wind investment in Ireland

Strathclyde Pension Fund and the Ireland Strategic Investment Fund (ISIF) have invested €50 million and €35 million, respectively, in NTR and Legal & General Capital’s wind investment fund, NTR Wind 1. The fund totals €250 million to invest in onshore wind projects in Ireland and the UK. At around 270MW of -capacity, the fund’s total equity and project finance capital requirement amounts to approximately €670 million. A minimum of €80 million is targeted to be invested in pre-construction renewable investments in the Irish Single Electricity Market.

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