Velocita – one of Europe’s leading renewable energy developer and operator- is to invest £76 million in the construction of Airies wind farm in Glenluce, Dumfries and Galloway, and the Sorbie wind farm, near Ardrossan, North Ayrshire after finally winning planning approvals.
Construction has already started and both wind farms are expected to be in operation by February 2017. Airies will produce 7.05MW and Sorbie will produce 39.9 MW.
I&H Brown has been contracted to undertake civil and electrical infrastructure works. General Electric will supply the 14 GE2.85-103 2.85 MW wind turbines with 80m hub height for the Airies wind farm as well as providing operations and maintenance services under a long term contract.
Enercon will supply the three E82-E4 2.35 MW turbines with 58.9m hub height and provide long term operations and maintenance services for the Sorbie wind farm. Electricity will be sold to ENGIE (formerly GDF SUEZ) under a long term supply contract.
Alan Baker, Chief Operating Officer, Velocita, said “These are only two of four projects that we plan to secure project financing on during 2016 in advance of the proposed Renewables Obligation closure deadline.
“Although Sorbie is a relatively small development, it will result in a number of economic benefits to the local community both during the construction phase, for local contractors, and longer term though the community benefit fund.
“We are committed to community benefit and will be offering over £34,000 per year for the lifetime of the wind farm.
This is Velocita’s second project in Scotland following the merger with Greenock-based 2020 Renewables three years ago. The deal comes on the back of its successful €200 million financing of two wind farms in France, which reached financial close in December 2015.
The Sorbie wind farm was called in for determination by the Scot-Govt. in January 2015. The legal services firm WJM acted on behalf of 2020 Renewables at the hearings and also acted for 2020 Renewables in respect of the planning appeal for the Airies wind farm.
A WJM spokesman said: “It’s always pleasing to see a project which has secured planning consent progress to fruition – all the more so in the challenging market conditions faced by the Scottish onshore wind industry.”