Irish developer NTR has acquired the 18MW Altaveedan wind farm, which is currently being constructed by RES in County Antrim in Northern Ireland.
Work on the £30m, nine-turbine project started in 2015.
The project has already generated over £1.3m of direct investment in the local area, with some £772,000 spent within a five-mile radius of the site.
RES has contracted locally-based firms to work on Altaveedan, including P Keenan & Sons and FP McCann and William & Henry Alexander (Civil Engineering) Limited.
The latest deal is the second between NTR and RES, following the acquisition of RES’ Ora More project in County Fermanagh in 2015.
NTR chief investment officer Manus O’Donnell said: “Altaveedan is our third wind project investment in Northern Ireland over the past 18 months and our second with RES.
“With this investment, over £60m of capital will be invested into NTR wind projects locally, which together will provide enough clean energy to sustain an estimated 40,000 homes in Northern Ireland.”
RES head of projects for Ireland Lucy Whitford said: “We are looking forward to completing construction at Altaveedan on behalf of NTR and will be ensuring that the project continues to deliver local economic benefits when the turbines start arriving on site later in the year.”
Image: NTR
