BayWa r.e. Acquires Forsa Energy's UK Renewable Energy Business

In total, BayWa r.e. will acquire access to a 350MW pipeline of Scottish onshore wind farms – adding to the 823MW of solar and 1,047MW of wind power already under management within the UK and Ireland. 

With planning consent on some of the best greenfield sites in Scotland, the pipeline has six wind farms totaling 200MW already in place and the expectation of consent for an additional significant wind farm of a further 150MW by 2020. In addition to the wind farms, BayWa r.e. will also gain an accomplished onshore wind development and construction team.

Gordon MacDougall, Managing Director, BayWa r.e. UK Limited commented: “The deal with Forsa Energy marks an exciting time in the UK renewables market, helping to significantly increase capacity. We are delighted to have secured these projects and look forward to developing them. We also want to welcome the new members of our team who have an excellent track record in renewables – having delivered more than 1GW over the years in the UK. We are committed to Scottish renewables and the Scottish Government’s onshore wind targets. With this investment, we plan to continue to grow and invest in subsidy free markets by identifying good wind resource opportunities. This acquisition will allow us to undertake more greenfield development, helping us to further expand our presence in the UK and Irish market.” 

Onshore wind currently constitutes an important contribution to Scotland’s renewables mix, helping to support the country in reaching its target of achieving 100 percent electricity demand from renewable sources by 2020.