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Keppel Signs 10-year PPA with Greencoat

May 03, 2025 | Posted by Abdul-Rahman Oladimeji

Keppel DC REIT has signed a ten year Power Purchase Agreement (PPA) with Greencoat Renewables to power two data centers in Dublin, Ireland. This PPA will see Keppel purchase the entire capacity generated from Greencoat's 13.3MW Ballingcollig onshore wind farm in County Kerry. The wind farm is expected to generate 31.5GWh of capacity per annum.

Reflecting on the PPA, Gary Watson, country manager, Keppel DC REIT (Ireland) said: “Keppel DC REIT (Ireland) is delighted to meet our 2030 target of using 100 percent Irish renewable energy for our operations five years ahead of schedule. We firmly believe that delivering on our commitment will help our clients achieve their sustainability goals and solidify us as their partner of choice.”

Commenting on the latest PPA, Paul O’Donnell, partner at Schroders Greencoat said: “Our second PPA with Keppel DC REIT further strengthens our position as a trusted provider of renewable energy, supporting our partners with their decarbonization efforts and advancing the energy transition. Looking ahead, data centers powered by renewable energy will be a key industrial enabler for the next phase of economic development.”

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