Greencoat completes acquisition of the 18.8 MW Slieve Divena II wind project in Northern Ireland
Date
March 31, 2020
Type
M&A Transactions
Subtype
Transaction completed
Countries
UK (United Kingdom)
Subsectors
Onshore Wind
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Greencoat UK Wind has completed the acquisition of the 18.8 MW Slieve Divena II wind farm located in Northern Ireland.
Greencoat has purchased the wind project for a total investment of GBP51 million (US$63.2 million) from the renewables unit of SSE plc.
The project is located near Omagh in County Tyrone. It has been operational since June 2017. The project has a long-term power purchase agreement (PPA) with SSE Airtricity and secured 0.9 renewables obligation certificates (ROCs) per MWh.
