Italian energy producer Alerion Clean Power S.p.A. has announced the signing of a share purchase agreement to acquire 100% of the capital of Milestone Wind Farm Ltd, the company owning a 14.4 megawatt (MW) onshore wind farm located in County Tipperary, Ireland. The transaction was executed through its subsidiary Alerion Ireland Limited.
The seller, SUSI Cappawhite Holding, is a subsidiary of the Swiss-managed SUSI Renewable Energy Fund II, operated by SUSI Partners. Commissioned in 2018, the facility comprises four Vestas V105 turbines, each with a capacity of 3.6 MW. The project benefits from the REFIT (Renewable Energy Feed-in Tariff) scheme, which guarantees a minimum price for the electricity produced while allowing revenue increases linked to market fluctuations.
An asset with stable tariff support
The facility’s estimated annual output is approximately 40 gigawatt-hours (GWh), according to provided data, supplying the equivalent of 15,000 households. This acquisition marks another step in Alerion’s 2025–2028 industrial plan, focused on expanding its installed capacity and diversifying its geographic footprint.
The project allows the company to integrate an operational asset already connected to the Irish national grid, with energy yields stabilised by a fixed tariff mechanism. The addition of this wind farm to Alerion’s portfolio fits into a strategy to consolidate operations in Europe’s most dynamic markets.
Strengthening the group’s international presence
Alerion’s management stated that this initial operation in Ireland reflects its intent to strengthen its continental presence. The company is already active in several European countries, with a growing portfolio primarily composed of renewable energy assets.
The agreement was signed in the context of sustained development in the Irish wind energy sector, supported by public policy and ambitious national targets for energy mix diversification. The financial terms of the transaction have not been disclosed.
