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7 hours ago

Power Capital Renewable Energy Raises €250M Financing for 395 MW Dolmen Solar PV Project

Ireland-based Power Capital Renewable Energy Ltd has secured €250 million financing for the 395 MW Project Dolmen solar PV initiative. The European Investment Bank (EIB) will provide €100 million in senior debt under its renewable energy financing framework. The project, comprising four solar plants, will operate under RESS-3 and RESS-4 contracts, boosting Ireland’s renewable capacity and cutting fossil fuel reliance.

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