Dublin Energy Firm Acquires Wind Farm In Co Antrim

A Dublin energy firm has acquired a wind farm in Co Antrim.

NTR bought Altaveedan Wind Farm near Loughguile which is under construction by Larne-based developer RES.

The project has already injected almost £4 million into the Northern Ireland economy since it started construction in 2015 and the total capital costs for the project are expected to be over £30 million.


The nine turbine project has generated over £1.3 million of direct investment in Co Antrim and £772,000 spent within a five mile radius of the site.

NTR's Chief Investment Officer, Manus O'Donnell said: "Altaveedan is our third wind project investment in Northern Ireland over the past 18 months and our second with RES who have an outstanding reputation as a renewable energy developer by putting the community and local economy at the heart of their activities. With this investment, over £60 million of capital will be invested into NTR wind projects locally, which together will provide enough clean energy to sustain an estimated 40,000 homes in Northern Ireland."

(CD/MH)