The acquisition brings PCRE’s total portfolio to 840MW.
The development of the portfolio will be carried out in close partnership with Terra Solar and local stakeholders.
Construction of the projects, which are mainly in Wexford and Cork, will begin in 2022 with the first plants expected to become operational by the middle of 2023.
David Fewer, co-Founder of Terra Solar, said: These sites represent over four years of intensive local engagement with landowners, communities and planners to ensure that Ireland develops high quality solar farms to help meet its 2030 renewable targets.
“From the outset, our priority has been to ensure that these sites are constructed to the highest standards to benefit all stakeholders and we are delighted to have found such a strong, long-term, owner for these sites in PCRE and their French partners Omnes Capital.
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