Dublin - June 30, 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, has announced the acquisition of the 15MW “Ora More” wind project located in County Fermanagh, Northern Ireland. NTR has acquired the pre-construction project from RES, a leading renewable energy developer. The project is expected to enter construction in the autumn, creating over 50 construction jobs over the coming year. Commissioning is targeted for Q4 2016.
Dublin, 12 June, 2015: NTR plc (“NTR”), a leading investor and asset manager of renewable energy projects, today announces its financial results for the year ended 31 March 2015.
The Group has recorded a profit of €35.7 million for the financial year 2015, which is an improvement of €4.4 million (13.9%) on the previous year. Profit from continuing operations was €16.0 million and profit from discontinued operations, which includes Wind Capital Group (WCG), US wind assets classified as “assets held for sale” due to their subsequent sale post year end, was €19.8 million. The profit on sale for this transaction will be recorded in the Financial Year 2016 results.