Enlight Closes Deal to Build Irish Wind Farm
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Enlight Renewable Energy Ltd., an Israeli clean-power developer, closed a 100 million-shekel ($26 million) deal for a wind farm in Ireland.
The company will build a 13.6-megawatt wind farm that will start working by the end of next year. The project is expected to generate annual revenue of about 13 million shekels for 25 years, Enlight said Thursday in a statement on PR Newswire. The funding is an expected 80 percent debt and 20 percent equity.