Aberdeen Standard Investments Infrastructure Debt Team has provided over GBP63 million (US$75.8 million) of long-term debt to finance the operational Whiteside Hill Wind Farm in south-west Scotland.
The wind project in Dumfries and Galloway is owned by investors in funds managed by Capital Dynamics under its Clean Energy Infrastructure investment strategy. The wind farm has an approved export capacity of 27 MW and is accredited under the UK Government’s ROC programme. The project will be operated by a subsidiary of the GE group, which also manufactured and installed the turbines.
The investment was financed by three pension and insurance clients of Aberdeen Standard Investments, providing them with a long-term reliable income stream from a clean energy investment.