Mason Hayes & Curran advised the NTMA, as controller and manager of Ireland Strategic Investment Fund (ISIF), on its co-investment with Capital Stage AG, a German stock market listed solar and wind park operator, in a €140 million fund to develop solar farms in Ireland.

The parties have committed to co-invest a total of €140 million and it is expected to lead to the development of 20 solar farms in Ireland with a total generating capacity of up to 140 MW (power for 25,000 homes). This is ISIF’s first investment in solar assets.