SSE sells stakes in two Scottish wind farms
01 February, 2019
Utility company SSE has agreed to sell stakes in the 228MW Stronelairg and 94MW Dunmaglass wind farms to Greencoat UK Wind, a renewable asset fund manager.
Greencoat UK Wind will acquire a 49.9% interest in both wind farms for £635m.
The Stronelairg wind farm is comprised of 66 turbines and is located near Fort Augustus, while Dunmaglass is a 33-turbine wind farm just south of Inverness
The transaction for both wind farms is expected to be completed by March.