Financing of an Onshore Wind Farm and advanced project pipeline in Ireland
Sienna Investment Managers’ Private Credit funds (“Sienna IM”) have provided approximately €20 million of financing for an onshore windfarm project in the Republic of Ireland. The project is under construction and already achieved Senior project financing in December 2025. Project being developed by Ecopower limited.
The transaction is structured to enable existing debt restructuring and to provide additional liquidity to advance the project pipeline for the developer.
With an installed capacity of 100 MW, the project represents a key milestone in the sponsor’s Irish pipeline and will contribute to Ireland’s ambitious renewable energy targets.
First Berlin Securities Brokerage FBSB GmbH (“First Berlin”) acted as exclusive financial and commercial adviser to Ecopower Limited in this transaction.
Special thanks to legal advisors Beauchamps LLP and Poe Kiely Hogan Lanigan Solicitors.
Philippe Garrel, Managing Director of Energy Transition Debt Funds at Sienna IM, commented:
“We are pleased to support this emblematic onshore wind project in Ireland through a junior debt investment, complementing the overall financing structure. This transaction is fully aligned with Sienna’s strategy to contribute to climate action while reinforcing European sovereignty. We would like to thank First Berlin for the very well-executed process and congratulate Ecopower on developing such a high-quality project.”
Gaurav Tiwari, Head of Capital Market at First Berlin Securities Brokerage FBSB GmbH commented:
“Following the conclusion of the senior financing in December, we are delighted to have concluded a further transaction to support the financing of the project pipeline. This transaction represents a significant milestone in advancing the client’s strategic objectives and strengthening the viability of its broader pipeline. We would like to congratulate the Sienna and Ecopower teams on their strong coordination and timely execution, which enabled the delivery of a bankable solution to support sustainable long-term growth”.
Pat Brett, Managing Director of Ecopower Limited commented:
“The successful conclusion of this financing marks a pivotal step in advancing our long-term growth strategy and reinforcing our commitment to the energy transition. The transaction provides the necessary capital to accelerate the development and delivery of our renewable energy project pipeline, ensuring that we can continue to scale our operations in a disciplined and sustainable manner. It reflects the confidence of our partners in the strength and the quality of our pipeline, and in our long-term vision”.