Goodbody was delighted to act as financial adviser to EirGrid on its €200m revolving credit facility (plus €100m accordion) extension for general corporate purposes including capital expenditure and working capital requirements.
EirGrid is a state-owned company that manages and operates the transmission grid across the island of Ireland. The high-voltage network brings power from generators, and supplies wholesale energy to heavy users. The grid also supplies the electricity distribution network. This powers every home, business, school, hospital, factory and farm on the island. EirGrid is responsible for a safe, secure and reliable supply of elecrtricity.
