BayWa has sold the 29.7 MW Fraisthorpe wind farm in the UK to funds managed by Octopus Investments for an undisclosed sum.
The deal marks the fifth wind farm sale in the UK by BawWa and comes about a month after it sold the 8.2MW Saint-Congard project in Brittany in northwest France to a fund managed by Omnes Capital.
Fraisthorpe, located near Bridlington on England’s north east coast, consists of nine Vestas V112 turbines.
“We are delighted at the prospect of working with Octopus Investments, as a long-term customer of our operations management services, and hopefully as an investor in further renewable energy projects,” BayWa director Matthias Taft said.
Image: the Fraisthorpe wind farm (BayWa)
