Scottish and and Southern Energy (SSE) has sold its 100% interest in three wind farms for £173.6million.
The Big Six provider sold the wind farms, which have a total capacity of 96.8MW, to renewable energy company Infinis.
Gregor Alexander, Finance Director of SSE, said: “While we are planning long-term growth of our wind energy portfolio throughout the UK and Ireland, we have always said that we will use disposals and acquisitions to optimise our wind farm portfolio, and this sale is consistent with that. I believe this is a good deal for SSE and Infinis, two companies with a strong commitment to renewable energy.”
The deal sees Infinis act on its strategy to expand into the offshore and onshore wind market.
The wind farms are Dalswinton and Minsca in Scotland, and Slieve Divena in Northern Ireland.