AGREEMENT REACHED TO DEVELOP 100 MEGAWATT CONNEMARA WIND FARM

Date Published: 25-Aug-2010

Agreement has been reached to develop a 105 megawatt wind farm project in Connemara.

Finavera Renewables Inc. has signed an agreement with SSE Renewables Limited to sell a majority interest in its wholly owned grid connection from Eirgrid.

The deal is understood to cost in the region of 8.4 million euro and will see the co-development of the Cloosh Valley wind project.