Statkraft has sold its Twentyshilling Hill Wind Farm in Scotland to Greencoat UK Wind.
The sale was completed in June following the agreement made with Greencoat in December 2019 to purchase Windy Rig and Twentyshilling Hill wind farms, both in Scotland.
Construction of Twentyshilling Hill, the subsidy free project located south of Sanquhar in Dumfries & Galloway, was completed earlier this year with all turbines ready to export to the grid at the end of February 2022.
As part of the sale agreement, Statkraft will be providing ongoing operational management services for the wind farm.
The wind farm’s nine turbines have an installed capacity of 37.8MW.
Commenting on the sale, Kevin O’Donovan, Statkraft Senior Vice President for Wind & Solar Northern Europe, said: “Twentyshilling Hill is our second subsidy free wind farm to be completed and we are pleased to finalise the sale to Greencoat UK Wind.
“The sale completes a trio of disposals by Statkraft in the last 12 months, with Greencoat also acquiring Andershaw Wind Farm and Windy Rig Wind Farm.
“These projects have a combined capacity of over 117MW, playing a role in our ambition to deploy a minimum of 600MW of renewable projects in the UK by 2025, contributing to the UK’s net zero targets and bringing benefits to local communities.”