Greencoat buys 96MW of onshore wind from EDF


Deeping St Nicholas wind farmRenewable 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.

Related stories:

London and Manchester pension funds take a stake in SSE’s Clyde wind farm

Vattenfall’s £400m south Wales wind farm hits full power

17% of UK solar capacity ‘to be sold within 12-18 months’

Solar, onshore wind and biomass add 4GW to UK generation capacity

When the wind doesn’t blow: weather hits UK renewable generation 

As solar generation makes history, National Grid starts to feel the burn

Power shift: Coal tanks, gas rises, wind doesn’t blow as much

UK loses 11.4GW of coal and gas capacity in three years

Triad, capacity and renewables support: Prepare for energy bill rises, warns SmartestEnergy

Click here to see if you qualify for a free subscription to the print edition of The Energyst, or to renew.

Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.



Please enter your comment!
Please enter your name here