Renewable infrastructure fund Greencoat UK Wind has acquired an 80% stake in five onshore wind farms from EDF Energy Renewables.
The wind farms, all sited near Peterborough, total 96.4MW. The transaction is worth £98m.
EDF retains a 20% stake and will continue to operate and maintain the assets. The energy company will also buy the Rocs and power from the farms.
The deal for Deeping St Nicholas, Red House, Glass Moor, Red Tile and Bicker Fen takes means Greencoat is now invested in some 649MW of UK wind across 29 wind farms.
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