SSE whips up North Lincs deal
Scottish and Southern Energy (SSE) has acquired a wind farm in North Lincolnshire. The site, which neighbours SSE's existing Keadby power station, was bought from Renewable Energy Systems Group (RES).
The Keadby Wind Farm was developed by RES and the 34 turbine project received planning consent in 2008. Once constructed, the project provide enough green energy to power the equivalent of between 38,000 and 47,000 UK homes.
Keadby wind farm is the largest consented wind farm in England and will be Perth-based SSE's first consented wind farm in the country.
Subject to a final investment decision, SSE said it expects to begin construction of the wind farm later this year with an expected project completion date of early 2014.
Gregor Alexander, finance director of SSE, said: "We have said that we will pursue both acquisitions and disposals in order to optimise our wind farm portfolio in the UK, and this acquisition of Keadby wind farm, which is SSE's first consented wind farm in England, is completely in line with that objective.
"It adds to the diversity of our wind portfolio and the site's proximity to our existing power station helps make this an appealing project to take forward to construction.
"As an established generator in the area, we have a long-standing commitment to the local community around Keadby, which will only be strengthened by this deal."
