Scottish Equity Partners has sold its portfolio of onshore wind farms to Pensions Infrastructure Platform for an enterprise value of GBP 50 million (US$65 million).
Comprising 64 turbines in locations across the UK and Ireland, the SEP portfolio contains all five of the wind farm investments made by the Environmental Capital Fund, a specialist infrastructure fund managed by SEP. The portfolio ranges from single-turbine sites across the Orkney and Shetland Islands to utility-scale turbines in Curraghderrig, Ireland and the Port of Tilbury in London.