Quantum Energy unit commits $250M to Irish renewables company

547 Energy International LLC, the clean energy investment platform of Quantum Energy Partners LLC, has committed $250 million in equity funding to Aer Soléir LLC, a Dublin-headquartered onshore wind, solar and energy company.

Aer Soléir is looking to develop, build, own and operate renewable energy projects in Europe as it aims to become the world's first climate-neutral continent by 2050. "The demand for renewable energy projects to accomplish Europe's energy transition is staggering," Sean O'Donnell, partner and head of energy transition at Quantum Energy Partners, said in an April 4 statement.

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