MYTILINEOS to supply solar power for Keppel’s data centers

MYTILINEOS will supply renewable energy from solar farms in Ireland to power two of Keppel DC REIT's data centers in Dublin.

Share:

Fournira de l'Énergie Solaire pour les Centres de Données de Keppel à Dublin.

Keppel DC REIT and MYTILINEOS Energy & Metals sign two long-term PPAs (Power Purchase Agreements) to supply Keppel’s Dublin data centers with solar power. These solar farms, located in Gorey, Wexford, and Goresbridge, Kilkenny, have a collective capacity of 14.28MW and will generate around 13.6GWh of renewable electricity per year, while reducing CO2 emissions by over 6,250 tonnes per year.

Keppel DC REIT’s commitment to Net Zero

Gary Watson, Country Manager for Keppel DC REIT in Ireland, said the initiative is part of the company’s commitment to achieving Net Zero by 2030, in line with Ireland’s Climate Action Plan and the Carbon Neutral Data Center Pact. This agreement covers around 92% of the combined energy needs of Keppel’s two data centers with Irish renewable sources. The solar farms are being developed by M Renewables, a subsidiary of MYTILINEOS, renowned for its successful projects around the world. M Renewables took charge of the EPC (Engineering, Procurement, and Construction) of the solar farms. These facilities will supply around 11% of the total energy needs of Dublin’s data centers when completed in summer 2024.

Impact and outlook for MYTILINEOS in Ireland

Nikos Papapetrou, Executive Director of M Renewables MYTILINEOS, emphasized that this first PPA in Ireland strengthens the company’s presence in the local renewable energy market and opens up significant growth opportunities. MYTILINEOS, which has been operating in Europe and the UK for ten years, sees Ireland as a strategic country for its solar, storage and hydrogen activities.

A global project

MYTILINEOS currently manages a global portfolio of energy projects totaling around 10GW, with dynamic expansion on five continents. By working with Keppel DC REIT, MYTILINEOS is helping to reduce the carbon footprint of data centers, a key sector of the digital economy. Data centers are major consumers of energy, and their supply with renewable energy is crucial to the transition.

Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.
Westbridge Renewable Energy enters digital infrastructure market with Fontus, a 380 MW data centre campus in Colorado, positioned to meet strong growth in US cloud and artificial intelligence services.
Offshore drilling company Borr Drilling Limited announced the completion of an initial tranche issuance of 30 million ordinary shares out of the planned 50 million, raising $61.5mn towards the total goal of $102.5mn.
EDF announces a new internal organization with key executive appointments to enhance decision-making efficiency and expedite the revival of nuclear and hydroelectric projects central to its industrial strategy.
Rubis announces half-year results of its liquidity agreement managed by Exane BNP Paribas, totalling 241,328 shares exchanged for an aggregate amount of €6.5mn in the first half of 2025.
Chinese oil giant CNOOC Limited appoints Zhang Chuanjiang as chairman, entrusting this experienced engineer to head the group's board of directors, strategic committee, and sustainability committee from July 8.
PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.
Shell revises downward its forecasts for the second quarter of 2025, anticipating notably a decline in Integrated Gas and Upstream segments, impacted by reduced volumes and lower profitability in several major activities.
The Luxembourg-based group will handle engineering, procurement, commissioning and installation of flexible pipelines and umbilicals to link a new field to Egypt’s existing offshore infrastructure, with offshore work scheduled for 2026.
British firm Octopus Energy is considering a £10 billion spin-off of Kraken Technologies, involving an upcoming minority stake sale, and has initiated preliminary discussions with banks to oversee the strategic operation within the next year.
Investment fund Ardian finalises its takeover of Akuo and appoints former Électricité de France executive Bruno Bensasson to steer the renewable-energy developer’s growth towards five gigawatts of installed capacity by 2030.
TotalEnergies acquires 50% of AES' renewable portfolio in the Dominican Republic following a previous purchase of 30% of similar assets in Puerto Rico, consolidating 1.5 GW of solar, wind, and battery storage capacities in the Caribbean.
TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
Q ENERGY France secures a bank financing of €109 million arranged by BPCE Energeco to build four new energy production facilities, totalling 55 MW of wind and solar capacity by the end of 2024.
Shell announces amendment of two annual reports after notification by Ernst & Young of non-compliance with SEC auditor partner rotation rules; however, financial statements remain unchanged.
The Financial Superintendency of Colombia approves an amendment to Ecopetrol’s local bonds and commercial paper program, enabling issuance of sustainable, indexed, or in-kind repayable instruments.
ABO Energy is selling its subsidiary ABO Energy Hellas and an energy project portfolio of approximately 1.5 gigawatts to HELLENiQ ENERGY Holdings, thus refocusing its strategic resources towards other markets, notably Germany, without major financial impact anticipated for 2025.
Iberdrola announces a supplementary dividend of €0.409 per share for 2024 under the "Iberdrola Retribución Flexible" programme, bringing the total annual remuneration to €0.645 per share, representing a year-on-year increase of 15.6%.
BHP has signed contracts with COSCO Shipping to charter two ammonia-powered Newcastlemax bulk carriers, primarily for transporting iron ore between Western Australia and Northeast Asia starting from 2028.
CBAK Energy and Anker Innovations jointly launch a battery cell manufacturing facility in Malaysia, with a commercial potential estimated at $357 million, further strengthening their strategic partnership in the lithium-ion battery sector.