SSE has sold 49.9% of its operational 349.6MW Clyde Windfarm in South Lanarkshire to Greencoat UK Wind for £355 million. When the 172.8MW extension to Clyde is commissioned (currently under construction, completion expected in June 2017), the equity stake jointly owned by UKW and GLIL will be diluted to 30%, with SSE retaining 70%. This shareholding implies a combined valuation of the two windfarms of £2.27 million/MW. SSE will provide long-term management services for the day-to-day operations of all 522.4MW as well as long-term route-to-market power purchase agreements.