Statkraft sells Scottish Andershaw Wind Farm

Wind Industry Profile of

Greencoat UK Wind PLC has purchased 100% of Statkraft’s ownership in Andershaw Wind Farm / Statkraft to retain long-term operations and maintenance as well as asset management / The two companies have also signed an extension of the existing PPA agreement

Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purchase price of £121m (including cash and working capital). Statkraft, who together with Catamount Energy, began joint development of the project in 2006 and operation in 2017, will maintain day-to-day operation and maintenance, as well as asset management responsibilities until 2037. The company has also negotiated an extension of its existing... ... More: Official Press Release Statkraft

Keywords:

Statkraft, Andershaw Wind Farm, onshore, management role, sale, Greencoat UK, PPA, agreement, Scotland, capacity, developer