EDF Group Aquires Neart na Gaoithe Offshore Wind Farm

Mainstream sells 450MW offshore wind farm which is located in the Firth of Forth off the coast of Scotland.

Official Press Release Mainstream Renewable Power:

Mainstream sells 450MW offshore wind farm to EDF Group

The EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles, has bought the Neart na Gaoithe wind farm project from global wind and solar developer Mainstream Renewable Power, following a competitive bidding process.

The wind farm will generate up to 450 megawatts (MW) of renewable energy, which is equivalent to the annual electricity provision of around 375,000 homes. It is a fully consented offshore wind project which is located in the Firth of Forth off the east coast of Scotland. It covers 105km2, and has a 15 year Contract for Difference at 140 Euros (corresponding to the indexation of the tariff of £114.39 that was set in 2012 prices), and grid connection agreements in place. This project also benefits from a... ... More: Official Press Release Mainstream Renewable Power