Greencoat UK Wind has acquired the 16.4MW Bishopthorpe Wind Farm in England from BayWa for £47m.
The project, which is located near Grimsby in Lincolnshire, was commissioned in May and has a forecast net load factor of 35.5%.
The acquisition was funded by a revolving credit facility (£38m) plus cash resources (£9m), Greencoat said.
Bishopthorpe was originally developed by ASC Renewables and constructed by BayWa.
BayWa will operate the wind farm for Greencoat.
Image: Greencoat
