THE appeal of windfarms in Scotland has been underlined by deals worth around £100 million in total involving investors based outside the country. London-based Greencoat UK Wind and Chinese-owned Red Rock Power have increased their exposure to Scotland through acquisitions involving three windfarms in total. Greencoat has clinched deals to buy stakes in the Braes of Doune windfarm near Stirling and the Kype Muir Extension project in South Lanarkshire, for an initial outlay of £100m in total. Red Rock Power has acquired the Benbrack onshore windfarm development in Dumfries and Galloway for an undisclosed sum.
Herald 25th Feb 2021 read more »