2016 CAHERMURPHY EIIS WINDFARM INVESTMENT

HLB MCKEOGH GALLAGHER RYAN HAVE LAUNCHED THE CAHERMURPHY WINDFARM 2016 EIIS INVESTMENT OPPORTUNITY. 

Following 2015′s successful fundraising for two wind farm projects (raising nearly €3m in EIIS investment) we have another EIIS windfarm investment opportunity for prospective investors looking to secure up to 40% all-income tax relief against their 2016 income.

NOW ACCEPTING BOOKINGS

KEY STATS

Investment term

5 years

Tax relief

Up to 40% (30% + 10%)

Maximum investment

€150,000

Minimum investment

€5,000

Projected buyout price

Capped on exit

€1.15 per €1 invested

Projected net cash flow

Based on a €50,000 investment

€24,272

RICT expected

April 2017

Proposed exit

Q1 2022

 


ABOUT THE PRIVATE PLACING2016 CahermurphyEIIS

CAHERMURPHY WINDFARM  is a 3-turbine 6MW wind farm located in Kilmihil, Co Clare offering eligible investors 2016 tax relief and a projected return of €1.15 for every €1 invested. Development costs are circa €12.5million. The turbines are due to be commissioned in Q3 2017. The site has full planning permission, is jointly owned by 2 of the promoters, with a Gate 3 grid connection offer. The main promoter has a successful track record in the wind sector with an expert team of consultants advising on the project. A positive wind energy yield report from Garrad Hassan confirms the site’s suitability for a wind farm.

 

We expect it to be fully subscribed so early booking is advised as it will be filled on a first come, first served basis.


 FURTHER DETAILS

For more information on the project or to request a copy of the Investment Memorandum please contact:

MARY MCKEOGH, Partner, mmckeogh@hlbmgr.ie

ANNE HOGAN, Director, ahogan@hlbmgr.ie