Ikea To Buy Irish Wind Farm In $2.3B Clean Energy Push

Law360, New York (August 13, 2013, 4:04 PM EDT) -- Ikea Group will buy a 7.7-megawatt wind farm in Ireland from Mainstream Renewable Power, one of Europe's top independent offshore wind farm developers, as part of the Swedish furniture giant's push to invest $2.3 billion in renewable energy projects by 2015, Mainstream said Monday. 

Mainstream has started building the Carrickeeny Wind Farm, which Ikea will buy, in Leitrim in Ireland's northwest region, according to the firm. Ikea will buy the farm in when it starts running, which is expected to happen in early 2014, according to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.