The starting point for this article was a lobbying return filed by Goodbody Stockbrokers on Monday, disclosing that the firm’s top corporate broker Joe Gill had emailed Minister of State at the Department of Public Expenditure and Reform Ossian Smyth “proposing the amendment of the conditions applied to real estate investment trusts (Reits) as introduced by the Finance Act 2013”. The suggested change was “to allow Reits expand the scope of their investments to include land on which renewable energy assets are placed therefore accelerating the growth of ESG and green economy financing in Ireland”. Firms such as Hannon Armstrong…
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