Perth-based SSE has sold its Cour, Blackcraig and Whiteside Hill wind farm developments to Blue Energy for an undisclosed sum.
Whiteside Hill and Blackcraig wind farms are located in Dumfries and Galloway and Cour is located in Argyll and Bute.
The three wind farms will have a combined installed capacity of up to 98.7 MW once constructed. The sale sees ownership and responsibility for constructing the three wind farms, which all have planning consent, transfer to Blue Energy with immediate effect.
Martin Pibworth, Managing Director, SSE Wholesale, said: “The sale represents the next step following the recent sale of Langhope Rig wind farm in a programme of disposals to recycle capital and optimise our wind farm pipeline.
“The proceeds from the disposal of these three projects will help to support our future investments in new renewable energy assets.”
Chris Dean, Chief Executive, Blue Energy said: “We are delighted to complete the acquisition of the Blackcraig, Whiteside Hill and Cour wind farms from SSE. This major strategic investment expands our UK wind farm portfolio to over 260 MW and emphasises our confidence in and commitment to the UK renewable energy sector.”
Under the sale agreement, responsibility for setting up and managing the community investment funds associated with each project will be transferred over to Blue Energy.
Cheshire-based Blue Energy already operates two wind farms in Scotland – a single Enercon- E53 turbine at Tealing, near Dundee, and a 3-turbine 6.9MW project at Hill of Auquhirie, Stonehaven.
It is currently constructing another 500kW single turbine generator at Old What, near New Deer, Aberdeenshire and has consent to build an 85MW wind farm at Beinneun in Highlands