Linklaters has advised Greencoat Capital LLP on its acquisition of a 49.9% stake in the Stronelairg and Dunmaglass onshore wind farms from SSE. The combined stake of the wind farms equates to 160.6MW of generation capacity and the total consideration for the stake was £635m. 

 

The transaction is expected to be completed by the end of March 2019. 

 

Stronelairg wind farm is located near Fort Augustus, Scotland, and has an installed generating capacity of 228MW. The 66 turbine wind farm was commissioned in December 2018. Dunmaglass wind farm is located 15 miles south of Inverness, Scotland, and has an installed generating capacity of 94MW. The 33 turbine wind farm was commissioned in December 2017.

 

The Linklaters Energy and Renewables team was led by partner Charlotte Morgan and included managing associates Ryan Ayrton and Parag Sayta.

 

Linklaters has recently advised on a number of the most significant wind farm deals in the UK, including the £1.4billion refinancing of the 353 MW Galloper Offshore Wind Farm and the £1.4bn bank and bond refinancing for the 402 MW Dudgeon wind park.