AMP to plough €500m into Irish projects – The Times

AMP Capital has invested in projects including onshore wind farmsPHOTOCALL IRELAND

AMP Capital is targeting investments in social housing, solar power and data centres as it looks to deploy capital of about €500m in Ireland over the next three years.

The Australian investment manager’s Irish Infrastructure Fund is managed in partnership with Irish Life, and has been backed by the state’s Ireland Strategic Investment Fund (ISIF) and other Irish investors. It already has more than €500m in Irish assets under management. AMP Capital has spent heavily over the past five years, mainly investing in primary care centres, wind projects and telecoms.

According to Philip Doyle, investment director of the Irish Infrastructure Fund, it is looking to diversify its investments with the rest of its available capital.

He said that the fund was particularly interested in funding…

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