Greencoat UK Wind purchases 45MW subsidy-free wind farm

A 45MW subsidy-free wind farm near Lanark, Scotland, is set to be acquired by Greencoat UK Wind, it was announced on 20 December. The Douglas West windfarm will be sold by Blue Energy, with the Sale and Purchase Agreement expected to take place in Q1 2019, subject to the finalisation of construction, operation and maintenance contracts – acquisition and construction costs are expected to total £45mn. Douglas West is located seven miles south west of Lanark. Construction is expected to start in 2019 with a target for commercial operations to begin in July 2021.

Tim Ingram, Chairman of Greencoat UK Wind, said: “Once operational, Douglas West will sit alongside our existing 32 ROC investments and, with Tom nan Clach also incorporated, will increase our generating capacity to 910MW as part of our balanced portfolio.”

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