Neoen Acquires 53.4MW in Ireland

Neoen have recently completed the purchase of 53.4MW of across 8 operational wind farms in Ireland. GES provided due diligence to Neoen on the project. The wind farms are currently selling their output under long-term power purchase agreements.

Galetech Energy Services (GES) provided full technical due diligence services to Neoen in the context of Neoen’s acquisition of 8 wind farms in Ireland, with a total capacity of 53.4MW.

GES delivered its due diligence reports on time and on budget, and was able to respond to Neoen’s further queries with great clarity and a remarkable level of responsiveness. GES’ experience in asset management was instrumental in allowing Neoen to evaluate the operating projects risk profiles. GES was also able to provide good support in assessing the repowering potential of Neoen’s acquisition.