Financial Close achieved for 67 MW Onshore Wind Farm in UK

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Financial Close achieved for 67 MW Onshore Wind Farm in UK

Red Rock Renewables has reached financial close on a GBP62 million (US$83.4 million) financing with Lloyds, HSBC and China Construction Bank for its 67 MW Benbrack Onshore Wind Farm. The three lenders have provided equal project financing as the Dumfries & Galloway Project takes final steps in preparation for handover to the operational phase. Lloyds acted as Sole Debt Advisor through a separate ringfenced team.

The wind farm's construction started in October 2022 on a self-funded basis. It is comprised of 15 Vestas turbines with a maximum tip height of 149 m (489 ft). It will generate enough green energy to power the equivalent of 60,000 Scottish homes. 

Red Rock sought to maximise opportunities for the local and UK green economy through its key contractors, throughout construction and the lifetime of the wind farm:

  • Dumfries & Galloway-based owner engineer, Natural Power
  • Balance of Plant works by Jones Bros
  • 15 turbines provided and installed by Vestas, along with a 10-year Service & Maintenance agreement.
  • Site Management services by Wood

Red Rock previously secured Contracts for Difference awards in Allocation Rounds 5 and 6 for the wind farm’s total 67.1MW generation capacity and in March 2025, secured a route to market PPA with SSE Energy Markets.

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