Developer splashes £250m on UK wind farms

A UK-based energy project developer is spending £250million on buying and developing a clutch of small onshore wind farms across the UK. Last December Blue Energy announced plans to build […]

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By Vicky Ellis

A UK-based energy project developer is spending £250million on buying and developing a clutch of small onshore wind farms across the UK.

Last December Blue Energy announced plans to build Africa’s largest solar PV plant. Now it has picked up two wind farms and four more projects from developer RidgeWind with funding from UK private equity firm HgCapital.

One of the wind farms already built, the 24.6MW Hall Farm (pictured) in Yorkshire, will open next week while another Northumberland should be ready in March. RidgeWind also has planning permission for four more wind farms in Inverness-shire, Essex, Peterborough and Lincolnshire.

The firm looks like it could go on a buying spree as Chris Dean, Blue Energy’s chief executive said it has “similar” plans to invest in the UK wind sector this year.