http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/wind-developer-infinis-buys-e-on-uk-wind-farm-assets.html
Energy major E.ON has sold a 2.4MW wind farm in Wales and two large-scale wind farm assets in Yorkshire to UK-based renewable energy company Infinis, a Terra Firma company.
The planned wind farms at each of the Yorkshire sites are permit-ready and due to be constructed over the next few years, Infinis said.
The wind farm site in Tedder Hill is set to be the largest of the three wind projects with a slated capacity of 6.9MW, while the wind project at the site in Blackstone Edge is to reach a similar scale of 6.2MW.
The Welsh Rheidol wind farm is the only project of the three to be operational. It was first commissioned in 1997 and has an average load factor of around 29 per cent, Infinis said.
Infinis, which operates 138 onshore wind, landfill gas and hydro plants across the UK with a total generating capacity of 439MW, said it produces around ten per cent of the UK’s renewable power.
Infinis’s parent Terra Firma also holds an interest in Italy-based solar company Rete Rinnovabile, and in US-based onshore wind company Everpower.
Terra Firma’s chairman Guy Hands said, ‘Infinis is the largest pure renewable energy company in the UK and Terra Firma is committed to its further successful development.
‘The company’s profits have grown eightfold since we set it up, with EBITDA up from £12m to £100m and there are plentiful opportunities for further growth.’
Energy major E.ON has sold a 2.4MW wind farm in Wales and two large-scale wind farm assets in Yorkshire to UK-based renewable energy company Infinis, a Terra Firma company.
The planned wind farms at each of the Yorkshire sites are permit-ready and due to be constructed over the next few years, Infinis said.
The wind farm site in Tedder Hill is set to be the largest of the three wind projects with a slated capacity of 6.9MW, while the wind project at the site in Blackstone Edge is to reach a similar scale of 6.2MW.
The Welsh Rheidol wind farm is the only project of the three to be operational. It was first commissioned in 1997 and has an average load factor of around 29 per cent, Infinis said.
Infinis, which operates 138 onshore wind, landfill gas and hydro plants across the UK with a total generating capacity of 439MW, said it produces around ten per cent of the UK’s renewable power.
Infinis’s parent Terra Firma also holds an interest in Italy-based solar company Rete Rinnovabile, and in US-based onshore wind company Everpower.
Terra Firma’s chairman Guy Hands said, ‘Infinis is the largest pure renewable energy company in the UK and Terra Firma is committed to its further successful development.
‘The company’s profits have grown eightfold since we set it up, with EBITDA up from £12m to £100m and there are plentiful opportunities for further growth.’