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 updatesGlobal Life Sciences & Healthcare Bulletin
- legal updatesGeorgia’s corporate governance reform: Key changes under HB 1185
- legal updatesIllinois tax increases part two: Digital asset privilege tax, prediction markets, NOL carryover limitations, and more
- legal updatesIllinois tax increases part one: Digital services taxes
Latest News
- client newsA blueprint for growth: Eversheds Sutherland supports Leonard Design Group restructuring and MBO
- client newsNext stop, public ownership: Eversheds Sutherland advises DfT on GTR transition
- firm newsEversheds Sutherland strengthens restructuring offering with senior partner appointment
- firm newsEversheds Sutherland strengthens Commercial Advisory practice with technology partner hire
Latest Events
- virtual | June 09, 2026UK employment law training
- virtual | June 16, 2026Nordic (Denmark, Finland, Norway and Sweden) employment law training
- virtual | June 23, 2026Introduction to Swiss employment law
- virtual | September 10, 2026UAE - Employment law in the Dubai International Financial Centre
legal updates
June 03, 2026
Global Life Sciences & Healthcare Bulletin
legal updates
June 02, 2026
Georgia’s corporate governance reform: Key changes under HB 1185
legal updates
June 02, 2026
Illinois tax increases part two: Digital asset privilege tax, prediction ma...
legal updates
June 01, 2026
Illinois tax increases part one: Digital services taxes
client news
June 03, 2026
A blueprint for growth: Eversheds Sutherland supports Leonard Design Group ...
client news
June 02, 2026
Next stop, public ownership: Eversheds Sutherland advises DfT on GTR transi...
firm news
June 01, 2026
Eversheds Sutherland strengthens restructuring offering with senior partner...
firm news
June 01, 2026
Eversheds Sutherland strengthens Commercial Advisory practice with technolo...
virtual
UK employment law training
June 09, 2026
1pm - 4pm (BST)
Virtual
virtual
Nordic (Denmark, Finland, Norway and Sweden) employment law training
June 16, 2026
12.45pm - 4pm (BST)
Virtual
virtual
Introduction to Swiss employment law
June 23, 2026
2pm - 5pm (GMT)
Virtual
virtual
UAE - Employment law in the Dubai International Financial Centre
September 10, 2026
9.30am - 1.30pm (GMT)
Virtual