HgCapital invests in Irish wind farm
HgCapital has invested in Sorne Wind Ltd, which has developed and is constructing the 32MW Sorne Hill wind farm in County Donegal, Ireland. It is HgCapital's second wind farm investment in less than a year, following its acquisition of the Tir Mostyn wind farm in North Wales in December 2004. The Tir Mostyn site is in the final stages of construction and will commence full operation in October as scheduled. Tom Murley, a director at HgCapital and head of the Renewable Energy team, led the deal.
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