Proventus Capital seals another deal in Ireland

Swedish private debt manager’s €28 million agreement with Gaelectric follows investments in hotel and care home groups.

Proventus Capital Partners (PCP) has extended €28 million in debt financing to Irish renewable energy group Gaelectric from its second fund, PCP II AB.

The deal is part of a recent spate of activity in Ireland for the Stockholm-based private debt manager.

Last week it emerged that the firm extended €30 million in financing to Dublin-based hotel operator, PREM Group.

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