Perigus Energy is aiming to support Europe’s energy security and transition by developing, building and operating onshore wind, solar and battery storage projects in Ireland, Germany, the United Kingdom and Spain. Currently, its portfolio delivers clean, home-grown and reliable electricity to power the equivalent of circa 600,000 European homes, with five further projects currently under construction in Ireland and Germany.
The company has a total operational and under-construction capacity of 826 MW, supported by a resilient commercial structure, combining government-backed supports schemes and corporate power purchase agreements (CPPAs). All existing contracts, partners and counterparties remain unaffected by the transaction.
Its immediate focus is to unlock the full potential of its multi-gigawatt, investment-ready pipeline and bring new renewable capacity in Europe.
“Today marks the completion of an important transaction for CI V and a major milestone for continued growth in European onshore renewables” said Kunal Patel, Partner of CIP. “Perigus Energy combines a proven team, an established operating portfolio and a promising multi-gigawatt pipeline across core European power markets. We are proud to support Perigus Energy as it accelerates the delivery of clean, reliable and affordable power – strengthening Europe’s energy security and independence, while delivering strong, risk-adjusted returns to our investors.”
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