Bord Gáis has bought west Cork-based SWS Natural Resources, one of the largest wind generators in Ireland, in a transaction worth over €500m.
The sale of SWS Natural Resources was the subject of a competitive bid process over recent months, and was completed today.
SWS Natural Resources operates 179MW of wind generating assets and has an advanced development pipeline of 460MW. SWS employs 50 people at its office in Bandon, Co Cork.
Bord Gáis says the company's acquisition is a significant step in its dual-fuel, all-island strategy.
Bord Gáis has said it will invest almost €700m in constructing wind projects in the next five years, creating 250 jobs.
