Idioma
Elgin Continues Irish Growth Strategy with Acquisition of Kilderry Solar Farm from BayWa r.e.
The project is located in close proximity to a number of Elgin's existing development assets and further strengthens the company's growing renewable energy platform in Ireland.
The acquisition follows Elgin's recent acquisition of the ~200 MW Blackhall Solar Farm in County Meath and reflects the company's continued commitment to investing in high-quality renewable energy projects that support Ireland's transition to a low-carbon energy system.
Dermot Kelleher, Chief Executive Officer of Elgin, said: "Kilderry is a strong addition to our Irish portfolio and further demonstrates our commitment to growing our presence in Ireland. Alongside Blackhall, this acquisition reflects our strategy of combining selective M&A with our organic development pipeline to create value and accelerate the delivery of renewable energy infrastructure. We see opportunities to replicate this approach across our portfolio, identifying strategically located projects that complement our existing assets and enhance overall project economics."
Gemma Hamilton, Managing Director at BayWa r.e. UK Ltd., said: “Kilderry reflects both the quality of projects we are bringing forward and the strength of our position in the Irish market, where we continue to invest in the growth and delivery of our renewable energy portfolio. Given the project's location and particular strategic fit with Elgin’s existing assets in the area, this transaction creates a unique opportunity to accelerate Kilderry Solar Farm towards delivery under Elgin’s ownership. We remain firmly focused on progressing our wider 1 GW solar pipeline and playing a significant role in the continued growth of renewable energy across Ireland.”
The acquisition reinforces Elgin's position as a leading renewable energy developer and investor in Ireland, with a growing pipeline of solar and storage projects supporting the country's energy transition and long-term energy security.
About Elgin
Elgin is a fully integrated, utility-scale solar and storage Independent Power Producer, developing, building, owning and operating renewable energy assets across the UK, Ireland and Italy.
With a 10GW+ pipeline spanning solar and battery storage projects, Elgin manages assets across the full value chain, from origination and development through construction, energisation and into long-term optimisation. The company has delivered over 1GW of ready-to-build projects, with more than 300MW currently under construction across the UK and Ireland.
Founded in 2009, Elgin has a team of 130 professionals in offices in Dublin, London, Rome and beyond. It is backed by Copenhagen Infrastructure Partners (CIP), which acquired a majority stake in 2024 and supports the company’s long-term growth ambition.
Media Contact: press@elgin.com
