Greencoat UK Wind acquires Andershaw wind farm for £121m

  • Sep 28, 2021
  • Stock Market Wire - Wind-farm investor Greencoat UK Wind said it had agreed to acquire the 35 megawatt Andershaw wind farm in the UK from Norway's Statkraft for £121 million.

Andershaw was located 2 miles south of Douglas in South Lanarkshire and comprised 11 Vestas V117 3.3MW turbines.

The wind farm was commissioned in February 2017 and had a load factor of 34.8%.

It had entered into a power purchase agreement with Statkraft until 2037, which also would provide management services to the wind farm.

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