Elgin has completed the acquisition of the approximately 200MW Blackhall Solar Farm in County Meath from GP Joule, strengthening the company's late-stage renewable energy development pipeline in Ireland.

The project is a late-stage, consented solar development with grid connection arrangements already in place. The acquisition also increases Elgin’s capacity available for participation in the upcoming Renewable Electricity Support Scheme (RESS) auction.

Elgin said Blackhall Solar Farm is expected to contribute to Ireland’s renewable energy ambitions and energy security objectives, while helping meet growing demand for clean electricity.

The acquisition comes as Elgin finalises the construction and energisation of approximately 150MW of solar projects in Ireland as part of a previously announced portfolio transaction. The company said this further demonstrates its ability to originate, develop, finance and deliver utility-scale renewable energy infrastructure.

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Speaking about the acquisition, Elgin Chief Executive Dermot Kelleher said: "Blackhall is one of the largest late-stage solar development opportunities in the Irish market and represents a significant addition to Elgin's Irish platform. As we continue to grow our portfolio of owned renewable energy assets, projects like Blackhall will play an important role in supporting Ireland's decarbonisation ambitions, energy security and long-term economic growth."

Elgin expects to invest approximately €200 million in the development and construction of Blackhall Solar Farm.

The investment represents a long-term commitment to Ireland's energy infrastructure as the country continues to expand its renewable generation capacity and transition towards a more secure, affordable and sustainable electricity system.

The Blackhall project will further expand Elgin’s presence in Ireland’s utility-scale renewable energy market and add to its growing portfolio of solar developments.