Triple Point has agreed to arrange debt funding for the 57MW Whitelaw Brae wind farm in the Scottish Borders.
The investment manager said the project is owned by Fair Play Clean Energy Limited, a joint venture between Thrive Renewables plc and TopCashback Sustainability Ltd.
According to the partners, the wind farm is located about 3km southwest of Tweedsmuir and will feature 14 turbines capable of generating up to 149,000MWh of electricity per year.
The project is expected to reach commercial operation in December 2026 with an initial 30-year operational life delivering renewable energy across Scotland and the wider UK.
It is expected to cut more than 65,000 tonnes of CO₂ emissions annually.
Investment director Ariane Brunel at Triple Point said: “We are proud to support the acceleration of onshore wind deployment in the UK and delighted to partner with Thrive and TopCashback Sustainability, two like-minded companies, to deliver long-term value for local communities while contributing to the UK’s energy transition.”
Brunel added: “Originating and arranging flexible construction finance for energy transition projects is a key area of focus for Triple Point over the coming years as we build toward Clean Power 2030.”
Thrive Renewables chief investment officer Monika Paplaczyk said: “As part of our vision of a cleaner, fairer future, Thrive has been funding, building and operating clean energy projects in the UK for 30 years.”
Paplaczyk stated: “Whitelaw Brae marks a significant milestone for us as it’s our largest single project to date, and we’re pleased to be working with Triple Point on finance for construction, ensuring the project fulfils its potential to deliver clean power to homes and businesses, while generating significant emissions reductions and supporting the UK’s wider net zero goals.”