SSE divests 100% ownership share in 18.8 MW Slieve Divena II wind farm in County Tyrone
SSE Renewables has agreed to sell its 100 percent interest in the 18.8 MW Slieve Divena II Wind Farm in Northern Ireland to Greencoat UK Wind for a total consideration of GBP51 million (US$65.7 million).
Slieve Divena II was developed by SSE Renewables near Ballygawley, County Tyrone, and comprises eight 2.35 MW Enercon E-92 wind turbines. The wind farm entered commercial operation in 2017.
Slieve Divena II is capable of generating enough clean, green energy to power 16,300 homes. The wind power generated at Slieve Divena II is helping to off-set around 15,200 tonnes of harmful CO2 emissions every year, contributing to Northern Ireland’s carbon reduction targets.
The transaction is expected to complete by the end of March 2020. SSE intends to use the proceeds to reduce net debt.
Country updates
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February 20, 2020
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February 07, 2020
Ancala Partners closes second fund at EUR735m
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