Highfield Energy joint venture secrures E160m financing for Irish Solar PV duo

Highfield Solar Limited, a joint venture established in 2014 between German company ib vogt, Irish company Highfield Energy and UK company Aura Power, has successfully reached financial close on a €160 million project financing debt facility for two solar PV plants in Ireland. The lenders for the projects are Coöperatieve Rabobank U.A., Landesbank Baden-Württemberg (LBBW) and Norddeutsche Landesbank (NORD/LB), providing one third of the senior debt each, consisting of a blend of KFW and commercial loans. Both Solar PV projects were successful participants in the Government of Ireland’s first competitive Renewable Electricity Support Scheme (RESS 1) auction run by the Department of the Envir

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