UK Utility Secures New Wind Farm Project

The United Kingdom’s Centrica has acquired Glens of Foudland Wind Farm Limited, a subsidiary of Renewable Energy Systems UK Limited (RES), which owns a 26 MW onshore wind farm project near Huntly in North East Scotland.

Centrica will contract RES affiliates to provide a turnkey construction contract and operation and maintenance management service for the project. The total consideration to acquire the company and bring the wind farm into commercial operation, including land lease, acquisition cost, grid connection, ongoing management services and an initial five year operation, maintenance and warranty contract, would be approximately £31 million (US$ 55.6 million). Construction of the wind farm started earlier this year. “This is another important step towards establishing Centrica as a leading generator of renewable energy, enabling us to deliver clean green power to our British Gas customers,” said Jake Ulrich, Managing Director of Centrica Energy. The wind farm will comprise twenty 1.3 MW Bonus wind turbines and is expected to generate around 80 GWh of electricity per year for British Gas customers when it begins generation in mid 2005. This is equivalent to approximately 20,000 homes. The location in North East Scotland means the site will benefit from high wind speeds, which will result in a load factor higher than for a typical onshore wind farm. “Our skilled development team has created a valuable project on a site with an excellent wind speed record,” said Ian Mays, Managing Director of RES Group. “We look forward to working with Centrica on the construction of the wind farm and to seeing Aberdeenshire’s first wind farm in operation next year.”

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