# Allied Irish Banks

> Allied Irish Banks is a VC fund backing Energy and Renewable Energy. See 19 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Irishtown, Ireland
- Total investments: 19
- Last investment: Aug 2026
- Lead investor: 53%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/allied-irish-bank-gb/
- X (Twitter): https://twitter.com/aibireland?lang=en
- Website: https://aib.ie/
- Facebook: https://www.facebook.com/aib/

Allied Irish Banks is a VC fund in Irishtown focused on Energy and Renewable Energy. Allied Irish Bank is a specialist business bank serving the needs of medium to large-sized businesses focused on providing real value to every one of their customers. Allied Irish Bank (GB) has been supporting businesses in Britain with true relationship-driven service for over 40 years growing organically with more than half of our new businesscoming from customers recommending their service. It was founded in 1966 and headquartered in Irishtown, Dublin.

## Contacts

5 contacts available for Allied Irish Banks. Shizune tracks 4 team members at Allied Irish Banks. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/allied-irish-banks?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $78M–$494M |
| Debt Financing | $12M–$683M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 4 | 21% |
| Renewable Energy | 4 | 21% |
| Real Estate | 3 | 16% |
| Retail | 2 | 11% |
| Health Care | 2 | 11% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 11 | 58% |
| Post-IPO Debt | 4 | 21% |
| Seed | 1 | 5% |
| Grant | 1 | 5% |
| Series A | 1 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Ireland | 10 | 53% |
| United Kingdom | 7 | 37% |
| United States | 2 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Luis Duran | Director, Energy Climate Action & Infrastructure | 0 | https://shizune.co/investors/profile/luis-duran |
| Tim Hynes | Group Chief Information Officer | 0 | https://shizune.co/investors/profile/tim-hynes |
| Lorraine Duffy | Programme Manager - Product Assurance Framework | 0 | https://shizune.co/investors/profile/lorraine-duffy |
| Michael Frawley | CRO | 0 | https://shizune.co/investors/profile/michael-frawley-3249 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| McAleer & Rushe | McAleer and Rushe is a design and construction company that provides full services in delivering high-quality buildings to its clients. |  | Debt Financing | Aug 05, 2026 |  |
| NTR plc | With almost 40 years of experience in investing in and managing infrastructure assets, NTR now applies that expertise on behalf of investors who wish to avail of the attractive, reliable cash flows that quality sustainable infrastructure assets can provide.Their immediate term focus is to complete their third investment cycle in onshore windprojects, adding circa 250-300MW to the projects already built and operated by the group over two previous investment cycles. In addition, they are actively seeking solar projects in certain European countries. | $67.2M | Debt Financing | Apr 16, 2026 |  |
| Zeus Packaging Group | Zeus Packaging Group is constantly focused on our customers and work with our strategic partners to develop new innovative products. | $178.1M | Debt Financing | Feb 14, 2026 |  |
| Low Carbon | Low Carbon is a company focused on developing and managing large-scale renewable energy projects like solar and wind farms. Their mission is to combat climate change by creating a net-zero energy future. They invest in renewable energy infrastructure, manage existing assets, and strive to minimize their environmental footprint. | $683.3M | Debt Financing | Jan 26, 2026 |  |
| Hostelworld | Hostelworld is an online travel agent (OTA) focused on the hostel market. | $12M | Debt Financing | Oct 21, 2025 |  |
| Octopus Renewables Infrastructure Trust | Octopus Renewables Infrastructure Trust is a closed end investment company incorporated in England and Wales that is focused on building and operating a diversified portfolio of Renewable Energy Assets in Europe and Australia. | $125.7M | Post-IPO Debt | Feb 28, 2025 |  |
| Glenveagh Properties | Glenveagh Properties PLC, formerly Glenveagh Properties Ltd, is an Ireland-based company focused on developing and building starter, mid-size and executive and high-end homes, with a principal focus on the Greater Dublin Area, either for itself or on behalf of third parties. Its flagship residential development site is the Marina village, which islocated beside the marina in Greystones with clear views of the Irish Sea to the east and the Wicklow Mountains to the west. Its other developments include Cois Glaisin, Co. Meath that focuses on first-time buyer homes and is located in the Dublin commuter-belt town of Navan,; Holsteiner Park, Clonee that is a development of 15 detached houses built on half acre plots; Milltown Meadows that is located in Ashbourne and comprises 67 homes; and Herbert Hill that comprises apartments and is located in the centre of Dundrum. | $485.4M | Post-IPO Debt | Aug 01, 2024 |  |
| Power Capital Renewable Energy | Power Capital Renewable Energy specialize in developing large scale photovoltaic solar farms. The company began by acquiring and asset managing utility scale solar parks. | $137.2M | Debt Financing | Jul 27, 2023 |  |
| Lightsource bp | Lightsource bp is a global leader in the development and management of solar energy projects. They provide sustainable and affordable energy to businesses and communities.Our goal is to play a vital role in shaping the future of global energy delivery by deploying at least 8GW of solar capacity worldwide in the next 5 years based on a develop andoperate strategy. | $267M | Debt Financing | Jan 18, 2023 |  |
| Kennedy Wilson | Kennedy-Wilson Holdings, Inc. is a vertically integrated global real estate investment and services company. The Company has approximately 24 offices throughout the United States, the United Kingdom, Ireland, Spain and Japan. It focuses on adding value for its shareholders through opportunistic investing and strategic asset management. Its businessoperations include two core units: KW Investments and KW Services. KW Investments invests its capital in real estate-related assets. KW Services provides a full array of real estate-related services to owners and lenders, with a focus on financial institution based clients. In May 2014, it purchased apartments, 203-unit apartment community in Tacoma, Washington. In July 2014, it acquired multifamily portfolio consisted of three properties located across southern submarkets of Seattle, Washington. Portfolio consists of 1,212 units. | $78.4M | Post-IPO Debt | Aug 17, 2022 |  |

10 of 19 investments shown.

## Co-investors
- [HSBC](https://shizune.co/investors/profile/hsbc) — VC Fund, 3 deals together
- [Santander](https://shizune.co/investors/profile/banco-santander) — VC Fund, 2 deals together
- [Bank of Ireland](https://shizune.co/investors/profile/bank-of-ireland) — VC Fund, 2 deals together
- [HSBC Bank](https://shizune.co/investors/profile/hsbc-bank) — VC Fund, 2 deals together
- [Rabobank](https://shizune.co/investors/profile/rabobank) — VC Fund, 2 deals together
- [Societe Generale S.A.](https://shizune.co/investors/profile/societe-generale) — VC Fund, 2 deals together

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## FAQ

### What does Allied Irish Banks invest in?

Allied Irish Banks invests primarily in Energy, Renewable Energy and Real Estate startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 19 investments tracked by Shizune back companies in Ireland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Allied Irish Banks's check size?

Allied Irish Banks typically joins rounds of $78M–$494M at Post-IPO Debt and $12M–$683M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Allied Irish Banks participates in.

### How do I contact Allied Irish Banks?

Public channels for Allied Irish Banks include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Allied Irish Banks?

The team at Allied Irish Banks includes Luis Duran (Director, Energy Climate Action & Infrastructure), Tim Hynes (Group Chief Information Officer) and Lorraine Duffy (Programme Manager - Product Assurance Framework). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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