News

Work starts at Achlachan wind farm

Construction has begun on the Achlachan wind farm, one of 15 onshore wind projects to secure a Contract of Difference in 2015. The 10MW, five turbine project is scheduled to be commissioned in early January 2019. Developer Whirlwind Renewables signed a 15-year power purchase…

Mynydd y Gwynt refusal upheld

The Appeal Court has upheld a High Court judge’s decision that the secretary of state could refuse to grant a Development Consent Order for the Mynydd y Gwynt wind farm because the developer provided insufficient information to approve it. The…

Malaysian power company acquires UK FIT wind portfolio

Malaysia’s power company, Tenaga Nasional Berhad (TNB) has acquired 80% of two UK renewable energy companies – GVO Wind and Bluemerang Capital – for £171 million.  This acquisition, via wholly owned subsidiary, Tenaga Wind Ventures UK, is TNB’s first foray into onshore…

European power mergers hold steady in 2017

Mergers and acquisitions in the European power and utilities sector fell 1% between 2016 and 2017, as pool prices and electricity demand stayed low, according to the EY report Power transactions and trends: 2017 review and 2018 outlook. European deal value…