IFLR1000

Poolbeg Dublin 50MW Waste-to-Energy PPP

12/2/2016
PPP, Project development, Project finance
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€ 650 million

$ 695.411 million

Announced

12/2/2016

Overview:

  • Poolbeg Dublin 50MW Waste-to-Energy PPP.
  • Covanta a New Jersey based waste-to-energy firm is working with Dublin City Council to construct a facility at Poolbeg.
  • The facility will generate 50MW of electricity and provide heat to 50,000 homes.
  • The plant is set to go online in September 2017.

Sam Duke - Editor

Jurisdiction:

Ireland

Deal types:

PPP
Project development
Project finance

Practice area:

Project development

Industry sectors:

Energy
Utilities

Firms:
Arthur Cox

Party: Covanta (Project developer)

Lawyers: Aaron Boyle, Alex McLean

Ashurst

Party: Bank of Ireland (Lender)

Party: Allied Irish Banks (AIB) (Lender)

Party: Macquarie (Lender)

Party: Barclays (Lender)

Party: Ulster Bank (Lender)

Party: The National Pensions Reserve Fund (Lender)

Lawyers: Cameron Smith, Patrick Boyle

William Fry

Party: Bank of Ireland (Lender)

Party: Allied Irish Banks (AIB) (Lender)

Party: Macquarie (Lender)

Party: Barclays (Lender)

Lawyer: Jarleth Heneghan

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