KfW IPEX-Bank to fund 75.5 MW Aikengall IIa wind farm near Dunbar
KfW IPEX-Bank is providing finance for the construction of Community Windpower’s (CWP) new Aikengall IIa wind farm located near Dunbar, East Lothian, Scotland.
In addition to two of CWP’s current wind farms Aikengall and Aikengall II, this construction will be one of the largest subsidy-free developments in Scotland using 19 Siemens Gamesa 4.3 MW technology. KfW IPEX-Bank originally supported the construction of Aikengall II Community Windfarm in 2014, which has now been refinanced alongside funding of the new project.
The Aikengall portfolio debt facility is EUR144 million (US$170.6 million) and is a follow-up project implemented jointly by KfW IPEX-Bank and Community Wind Power.
Aikengall IIa is scheduled to be operational in the summer of 2021. When the new project is finalized, the three wind farms altogether will have 54 turbines, from both Siemens Gamesa and Vestas, producing almost 200 MW of clean, green energy, capable of providing power to at least 150,000 homes.
Country updates
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September 10, 2020
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JDR secures array cable termination and testing contract for the 950 MW Moray East offshore wind project
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August 27, 2020
Bluefield Solar completes acquisition of 64.2 MWp solar PV portfolio
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