Glasgow-based Urban Wind nets £3m hat-trick of farm turbine deals

 

Paul McCullagh, Chief Executive, Urban Wind
Paul McCullagh, Chief Executive, Urban Wind

Glasgow-based renewable energy expert Urban Wind is set to start work on three fully-funded turbine projects worth a total of £3 million, after starting 2015 with a hat-trick of deals across the UK.

The company is erecting its latest turbine technology for farm businesses on three rural sites in England, Scotland and Wales, as the sector’s appetite grows for the benefits renewable energy can bring.

Work will start shortly to erect Northern Power Systems 100kW turbines on sites in Cambridgeshire, and Pembrokeshire, while a 500kW turbine – supplied by Emergya Wind Technologies, a Dutch manufacturer – will be erected by Urban Wind on a farm in Fife.

The total investment across the sites is £3 million and all three premier turbines will start generating electricity by the end of May. The separate projects have been made possible through an asset-finance model for landowners.

Paul McCullagh, Chief Executive, Urban Wind, said: “We are starting to bring an increasing number of wind turbine technology plans off the drawing board and into reality on sites across the country. It really is fantastic news.

“And we are also finding a growing appetite for medium-scale wind turbine technology from landowners and agricultural businesses in particular.

“They realise that it can help them generate valuable additional revenue streams, reduce their high energy bills, and realise the ambition they have to utilise their land assets further.

“We’re also in advanced talks with a number of major utility companies and commercial operators across a variety of different sectors.”

Urban Wind currently has around 80 potential turbine sites in the planning process around the UK with others being assessed for technical and commercial viability prior to release into the planning process.

It is also looking to identify and develop more fully-funded sites – especially consented sites – across the UK, as it continues to roll out its expansion plans.

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