Eversheds Sutherland helps power ILOS Energy’s solar portfolio in Ireland
December 04, 2025
Eversheds Sutherland has advised German energy company ILOS Energy (ILOS) on all commercial, energy and real estate matters with respect to the construction and project financing of a 217MWp solar portfolio financing facility in Co. Cork with Danske Bank as project finance lender.
ILOS is an Independent Power Producer focused on solar PV projects across Europe and committed to renewable energy and sustainable development.
The new 500-acre solar farm began in April and has been progressing with its partner, Soleire Renewables. The solar farm will eventually be able to produce enough energy to provide 39,000 homes with electricity and will be constructed over the coming year.
This latest transaction is the second such completion this year for ILOS Energy following the project financing of its first Irish portfolio earlier this year in Co. Tipperary (220MWp), on which Eversheds Sutherland also advised.
The Eversheds Sutherland team was led by Energy & Infrastructure Partner Seán Scally, supported by Of Counsel Pranav Nanda, Associates Cal Lynn and Ciara O’Keefee and Of Counsel Ciara Gunning, Associates Morgan Moriarty and Gillian Blanche (Real Estate).
Together, these projects represent ILOS Energy’s expansion into Ireland and reinforce its position as a leader in the European renewable energy sector.
Seán Scally, Partner, commented:
“We are delighted to have supported our client on this portfolio. Advising ILOS Energy on their entry into the Irish market has been a privilege, and we look forward to collaborating with them on future projects!”
Mark Varian, Managing Director, ILOS Energy in Ireland, commented:
“This transaction marks an important step in ILOS Energy’s growth strategy in Ireland and underpins our long-term vision for renewable power. Having been guided by Eversheds Sutherland on our first Irish portfolio earlier this year, we have developed a strong and trusted relationship that continues to deliver exceptional results. Their clarity of advice, commercial acumen, and unwavering commitment to excellence make them an indispensable legal adviser as we navigate complex transactions and scale our operations.”
The new 500-acre solar farm began in April and has been progressing with its partner, Soleire Renewables. The solar farm will eventually be able to produce enough energy to provide 39,000 homes with electricity and will be constructed over the coming year.
This latest transaction is the second such completion this year for ILOS Energy following the project financing of its first Irish portfolio earlier this year in Co. Tipperary (220MWp), on which Eversheds Sutherland also advised.
The Eversheds Sutherland team was led by Energy & Infrastructure Partner Seán Scally, supported by Of Counsel Pranav Nanda, Associates Cal Lynn and Ciara O’Keefee and Of Counsel Ciara Gunning, Associates Morgan Moriarty and Gillian Blanche (Real Estate).
Together, these projects represent ILOS Energy’s expansion into Ireland and reinforce its position as a leader in the European renewable energy sector.
Seán Scally, Partner, commented:
“We are delighted to have supported our client on this portfolio. Advising ILOS Energy on their entry into the Irish market has been a privilege, and we look forward to collaborating with them on future projects!”
Mark Varian, Managing Director, ILOS Energy in Ireland, commented:
“This transaction marks an important step in ILOS Energy’s growth strategy in Ireland and underpins our long-term vision for renewable power. Having been guided by Eversheds Sutherland on our first Irish portfolio earlier this year, we have developed a strong and trusted relationship that continues to deliver exceptional results. Their clarity of advice, commercial acumen, and unwavering commitment to excellence make them an indispensable legal adviser as we navigate complex transactions and scale our operations.”
Key contacts
Latest Insights
- legal updatesHigh Court finds that Ombudsman’s decision on compensation was not rational
- legal updatesLawbite: Falcons, neighbours and the limits of nuisance: negligence fills the gap
- legal updatesUK: FCA finalises fund liquidity rules
- legal updatesThe Remediation Bill: A new era of compulsory remediation
Latest News
- firm newsBalancing risk and security: Eversheds Sutherland advises the Trustee of the ICAEW Staff Pension Fund on £58m buy-in
- client newsEversheds Sutherland advises H.I.G. Capital on investment in Phoenix ME
- client newsEversheds Sutherland reappointed to the UK's Government Commercial Agency legal services framework
- firm newsWilliam A. Nelson, Former Investment Adviser Association Policy Leader, Joins Eversheds Sutherland as Senior Counsel
Latest Events
- virtual | September 10, 2026Education Webinar - Disability discrimination and reasonable adjustments
- virtual | September 10, 2026UAE - Employment law in the Dubai International Financial Centre
- in-person | September 10, 2026Managing AI use in the workplace: what every UK HR team needs to know
- virtual | September 16, 2026Education Webinar - IP commercialisation for education institutions
legal updates
August 24, 2026
High Court finds that Ombudsman’s decision on compensation was not rational...
legal updates
August 24, 2026
Lawbite: Falcons, neighbours and the limits of nuisance: negligence fills t...
legal updates
August 24, 2026
UK: FCA finalises fund liquidity rules
legal updates
August 21, 2026
The Remediation Bill: A new era of compulsory remediation
firm news
August 19, 2026
Balancing risk and security: Eversheds Sutherland advises the Trustee of th...
client news
August 13, 2026
Eversheds Sutherland advises H.I.G. Capital on investment in Phoenix ME
client news
August 13, 2026
Eversheds Sutherland reappointed to the UK's Government Commercial Agency l...
firm news
August 12, 2026
William A. Nelson, Former Investment Adviser Association Policy Leader, Joi...
virtual
Education Webinar - Disability discrimination and reasonable adjustments
September 10, 2026
11:00AM - 12:00PM
virtual
UAE - Employment law in the Dubai International Financial Centre
September 10, 2026
9.30am - 1.30pm (GMT)
Virtual
in-person
Managing AI use in the workplace: what every UK HR team needs to know
September 10, 2026
9.30am - 1.00pm (BST)
London, United Kingdom
virtual
Education Webinar - IP commercialisation for education institutions
September 16, 2026
11:00AM - 12:00PM