Renewables Infrastructure buys Kirkcaldy wind farm

TRIG : Renewables Infrastructure buys Kirkcaldy wind farm

The Renewables Infrastructure Group is paying £32m to acquire a 16MW wind farm at Kirkcaldy, Fife, Scotland. The Earlseat wind farm has eight Vestas V90 2.0 MW wind turbines and was grid-connected in June 2014. The farm is subsidised to the tune of 0.9 ROCs per MWh and has a 25-year operational life.  Operations and maintenance services are provided by Vestas, with a power purchase agreement in place with GDF SUEZ.

TRIG’s portfolio now consists of 28 separate project investments with approximately 414 MW of aggregate installed capacity.

James Carthew
Written By James Carthew

Head of Investment Company Research

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