Foresight has acquired two wind farms, Gruig and Todmorden, with an aggregate generating capacity of 37.5MW from Glennmont Partners.
Gruig is a 10 turbine, 25MW, NIROC-accredited wind farm located near Ballymena in Northern Ireland operating since 2009. Todmorden is a five-turbine, 12.5MW, ROC-accredited wind farm in Calderdale, West Yorkshire, in operation since 2014. Both have long-term PPAs with investment grade counterparties and tier one turbine technology and maintenance agreements. .
This acquisition brings Foresight’s total wind assets under management by 11% to 372.5MW and is further evidence of the specialist renewables investment manager’s diversification