Greencoat Renewables has announced the launch of a new green digital infrastructure platform along with its first investment, Drogheda Energy Park.
The company said the move marks its first investment in green digital infrastructure in Ireland and aims to support the growing demand for data centres powered by renewable energy.
The platform will focus on opportunities where grid access, land and energy infrastructure can be combined to meet the fast growing and high energy requirements of digital infrastructure, supporting AI led growth. The initiative will also draw on Greencoat Renewables’ experience as one of Europe’s leading listed renewable infrastructure investors.
The platform’s first investment is Drogheda Energy Park on Ireland’s east coast. The ambition is to invest in further data centre opportunities in Ireland and other European countries.
The platform is a 50:50 joint venture between Greencoat Renewables PLC and Schroders Greencoat’s evergreen vehicle, SCSL Global Energy Infrastructure.
Paul O’Donnell, Investment Manager at Schroders Greencoat, said:
There is an exciting opportunity in integrating data centre demand with renewable energy generation to support the rapid growth of AI driven digital infrastructure. Building on our track record in renewable energy generation, Drogheda Energy Park represents a logical next step for our business and a blueprint for future investment opportunities.
Ireland is at the start of the next digital infrastructure investment cycle, supported by innovative new Government policy. AI driven demand for data centres, combined with the need to deliver sustainable energy solutions to support the national grid, calls for trusted, experienced operators who can deliver on Ireland’s energy needs at scale. We are well positioned to deliver large, high impact projects that will boost energy security, support digitalisation, and contribute to Ireland’s net zero ambitions.
Ireland is considered one of the leading European markets for hyperscalers and large energy users and is entering the next cycle of digital infrastructure development following the Irish Government’s recently launched Large Energy Users Action Plan.
The plan is designed as a framework for enabling the development of digital infrastructure in a way that minimises pressure on the electricity grid while supporting national climate objectives. It also has the potential to be replicated across Europe and aligns closely with the company’s ambitions for the new platform.
Energy supply and power management are regarded as some of the most complex and value critical aspects of delivering data centres and digital infrastructure at scale, covering generation, grid connection, storage, balancing and regulation. Greencoat Renewables believes it has the scale, generation capacity, relationships and grid expertise in Ireland to capitalise on this opportunity.
The platform’s first investment will be Drogheda Energy Park, described as a measured but strategically significant step into a large and fast growing market opportunity.
The platform has acquired the Premier Periclase facility in Drogheda, County Louth, approximately 40 kilometres north of Dublin. The site is a brownfield industrial location beside Drogheda Port with access to significant existing infrastructure.
Plans are to develop the site as an integrated energy park combining flexible on-site generation, storage and advanced grid services capability. The site intends to source its electricity requirements from renewable energy assets through corporate power purchase agreements to decarbonise energy use for large energy users located there.
Drogheda Energy Park is at an advanced stage of planning consent for its initial 36MW data centre project and has received significant local support for the continued development of the energy park.
The development of Drogheda Energy Park is also expected to support regional investment and employment through the reuse and remediation of an established industrial site.
Dublin, London, Johannesburg, 5 March 2026: Greencoat Renewables PLC (“Greencoat
Renewables” or the “Company”) today announces its results for the year ended 31 December
2025
(“Final Results”), which have been published in full on the Company’s website: www.greencoat-renewables.com.
