CWP Energy is proud to announce it has reached financial close on the Sanquhar II Wind Farm, with KfW IPEX-Bank, marking a major international investment milestone for the UK’s largest onshore renewable energy project this year.
With financing now secured for the GBP400 million (US$526.87 million) development located in Southern Scotland, Sanquhar II will feature 44 state-of-the-art Vestas V162 EnVentus turbines. This makes it the fourth-largest onshore wind farm in the UK and the first in Scotland to deploy this next-generation turbine technology. KfW IPEX-Bank acted as the sole debt provider for the project, continuing its longstanding partnership with CWP Energy.
Once operational, Sanquhar II will generate enough clean electricity to power approximately 335,000 homes annually, while offsetting over 540,000 tonnes of CO₂ emissions each year, making a significant contribution to the UK’s net-zero and energy security goals.
Construction is already underway, and the project will employ around 200 people on site and benefit local supply chains and businesses. CWP Energy is prioritising local contractors and suppliers, with nearly 50% of the workforce drawn from the surrounding areas.
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