Date: 2016-08-12

Gaelectric Opens £58 Million Dunbeg Wind Farm in Ireland

DUBLIN, November 14, 2014 /PRNewswire/ --
Gaelectric, the renewable energy and energy storage group, officially launches its £58 million Dunbeg Wind Farm, which is located between Limavady and Coleraine in Northern Ireland.

Dunbeg is Gaelectric's third operating wind farm on the island of Ireland and is one of the largest wind farms constructed on the island of Ireland. Gaelectric is progressing a programme to construct and commission a near term portfolio of approximately 164 MWs of consented wind energy projects on the island of Ireland by 2017.

The 42 Megawatt (MW) Dunbeg Wind Farm comprises 14 Enercon wind turbines (Model E82, each with the capacity to generate up to 3 MW) with a maximum tip height of 125 metres. It will generate sufficient renewable power to meet the electricity demand of nearly 24,000 homes on an annual basis.

Commenting, Brendan McGrath, Gaelectric Group CEO, said: "Dunbeg marks a major milestone for our business and further strengthens Gaelectric's platform within the Single Electricity Market (SEM) on the island of Ireland. Our total permitted portfolio now stands at 140MWs in Northern Ireland and represents a total investment of approx. £170 million. This consolidates Gaelectric's position as the largest indigenous renewable energy company in Northern Ireland."

Gaelectric has been progressing an ambitious wind energy development programme in Ireland, the United States centered on the State of Montana, and in energy storage utilising compressed air energy storage (CAES) technology in our CAES Project near Larne in Northern Ireland. The launch of Dunbeg is a fitting way to mark our 10 years in existence and a tribute to our internal team and our technology and funding partners who have made this happen."

In the last three years, Gaelectric has secured planning approval for nine Northern Ireland Wind Farm developments, including Dunbeg. The company's first operational Wind Farm in Northern Ireland, the £20 million Carn Hill Wind Farm located in Newtownabbey, Co Antrim was officially opened in May 2013. Gaelectric plans to commission its remaining seven NI Wind Farm projects by 2017.

Established in 2004 and employing 80 people, Gaelectric has offices in Belfast, Dublin, London, Manchester, Chicago, and Great Falls (Montana).

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