Invenergy sells 69 MW Corriegarth Wind Energy Center to Greencoat UK Wind PLC
Invenergy, the North-American privately-held renewable energy company, has announced the sale of its Corriegarth Wind Energy Center to Greencoat UK Wind PLC.
The 69.5 megawatt (MW) facility is located in Scotland, approximately 31 kilometers southwest of Inverness.
Financing for Corriegarth was completed in October 2015 and the project was commissioned in April 2017. The Project has one of the most robust wind resources in the United Kingdom and utilizes 23 Enercon E82 wind turbine generators.
Corriegarth achieved Renewable Obligation Certificates accreditation in September 2016 and is party to a 15-year power purchase agreement with a leading U.K. utility.
,Invenergy’s President and Chief Operating Officer Jim Murphy, said:
“Corriegarth is our second operating wind farm in Scotland and is situated in an area with great wind resources. We are proud of our development and construction of this project and pleased to transfer ownership to Greencoat, a company with a reputation of investing in successful renewable projects.”
Country news
-
-
August 23, 2017
Macquarie-led consortium completes GIB acquisition
Further to the announcement of 20 April 2017, a Macquarie-led consortium comprising Macquarie Group Limited (Macquarie), Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS) has successfully completed the acquisition of the UK Green Investment Bank Limited (GIB) from the Government of UK for £2.3 billion (US$2.95 billion).
Read more -
August 22, 2017
AMP Capital reaches final close on the AMP Capital Infrastructure Debt Fund III
AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rights and securing a further US$800 million from investors who want access to its deal capabilities.
Read more -
August 18, 2017
TRIG acquires energy storage project from RES
RES (Renewable Energy Systems) has announced the acquisition of its 20MW energy storage project in Broxburn, West Lothian, by The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners.
Read more -
August 11, 2017
1.2-GW East Anglia Three offshore wind farm in UK given green light
Iberdrola subsidiary ScottishPower Renewables has received planning approval from the Secretary of State for Business, Energy and Industrial Strategy (BEIS), for the East Anglia III offshore windfarm in UK with an output capacity of up to 1,200 MW.
Read more -
August 09, 2017
Scotland invests £1.5 MM for offshore wind R&D
The Scottish Government has announced that it has invested a further £1.5 million (US$1.95 million) in the Carbon Trust’s world-leading collaborative research, development and demonstration (RD&D) programme – the Offshore Wind Accelerator (OWA).
Read more
