Foresight group buys portfolio of 52 mini-turbines

The investment organisation purchased Simple Power Limited and its assets for an undisclosed sum

Foresight Group has bought Simple Power Limited and its 52 onshore wind turbines across Northern Ireland.

The assets are sub-250kW devices, together making up the largest distributed wind portfolio in the country, with a total output in excess of 12MW thanks to some of the highest wind speeds in Europe.

The 52 turbines are fully operational, grid-connected and Ofgem accredited.

In the last five years, Foresight Group has invested more than £200 million into Northern Ireland’s renewable energy sector, with the latest acquisition boosting its wind portfolio capacity to 115MW

James Taggart, Investment Manager of the Foresight Group, said: “Simple Power Limited’s wind portfolio is a fantastic acquisition with a volume of well positioned and operational single wind turbines around Northern Ireland. The portfolio has shown strong performance to date.”

Latest Podcast