In the dying days of the Celtic Tiger, businessman Brian McDonagh set out to build a €500 million data centre on lands in Kilpeddar, Co Wicklow. Things went pretty well. He got an investment loan. He bought the site and got the lands rezoned. When the economy fell over, that didn’t stop McDonagh. He restructured his debt and persisted. Even when the price for most people would have been too high; strained relationships, failed litigation, a multi-million loan pile, a cat and mouse game with the bank – McDonagh did not let go of his vision. Instead, he kept going…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.