NTR secures commitments of €229m for second renewable energy fund
Power-Technology | January 03, 2019
Ireland-based renewables investor NTR has attracted investment commitments in the region of €229m for the second round of its renewable energy fund. NTR’s Renewable Energy Income Fund II is targeting €500m worth of investment, having already secured €145m in the first phase. The new sum of committed investment will bring the firm closer to its target. Funding will be used to support construction and operations projects on onshore wind and solar installations across Europe, as well as investments in energy storage to stockpile energy from these projects.