European Energy and Locogen to jointly deliver 800 MW wind portfolio in Scotland

Danish green energy giant, European Energy, and leading Scottish renewables company, Locogen, have signed a deal to enter into a joint venture partnership to fund and develop a large Scottish onshore wind pipeline.

European Energy operates in 11 countries across the world and constructs wind and solar farms. The Copenhagen based firm has delivered 1,153 MW of wind and 510 MW of solar projects since being founded in 2004 and has invested some EUR2.3 billion (US$2.73 billion) in their renewable energy portfolio.

Locogen, meanwhile, has provided development technical support for developers, buyers, lenders, and borrowers for over 500MW of wind energy projects, largely in Scotland, since formation in 2009.

The new partnership will combine the extensive experience and resources of European Energy with the local expertise of Locogen to create a powerful new force in the Scottish onshore wind sector, where the team looks to develop a minimum of 800MW of wind projects in the next 5 years. Once developed these wind farms will generate enough electricity to power 500,000 homes.