Boralex acquires Sallachy wind farm
Published by Oliver Kleinschmidt,
Assistant Editor
Energy Global,
In line with its growth ambitions in the UK, Boralex Inc. has announced the acquisition of the yet-to-be constructed Sallachy wind farm project from German wind developer WKN, a subsidiary of the PNE Group.
Once built, the wind farm will consist of nine wind turbines with a blade tip height of up to 149.9 m and a combined installed generating capacity of up to 50 MW. The wind farm will be situated on the Sallachy Estate in Sutherland, in the Highlands of Scotland.
Tjiwolt Wierda, Finance Director of Boralex in the UK, said: “We are delighted to have achieved this acquisition, adding another exciting project to our strong onshore wind portfolio in Scotland. This deal marks the next step towards our ambition to strengthen our UK presence. In addition to developing wind, solar and battery storage projects from their inception, we see the acquisition of shovel-ready projects as complementary to our organic growth.”
Nicolas Wolff, Executive Vice President and General Manager of Boralex in Europe, stated: “With a current installed capacity of nearly 16 GW in onshore wind and 30 GW planned by 2030, Boralex is strongly committed to the UK as high-potential market. Going forward, we will continue to boost the deployment of development capital and operation capabilities in the United Kingdom, a key geography in the successful execution of our 2025 strategic plan.”
Sallachy wind farm was granted planning permission by The Highland Council in April 2022. It has a secured grid connection from 2028 and is expected to operate for 30 years.
Over the last two years, Boralex acquired and integrated UK renewable energy business Infinergy, opened an office in Edinburgh alongside its Wimborne (Dorset) base and expanded the team from 10 to currently 23 renewable energy professionals. Furthermore, construction of Boralex's flagship project in the UK, the 106 MW Limekiln wind farm, is nearing completion, with commercial operation expected by the end of 2024. Since the beginning of the year, we have reached two major new milestones for the Company in the UK, with the closing of the financing and the signing of the power purchase agreement (PPA) for this wind farm.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Autumn 2024 issue
Dive into the latest renewable energy insights in the Autumn issue of Energy Global, out now! The issue starts with an insightful guest comment from Cristiano Spillati, Managing Director at Limes Renewable Energy where he discusses the need for European renewable energy suppliers to accelerate the rate of the energy transition. This is followed by a regional report from Cornwall Insights on the battery energy storage industry in Australia. This issue explores key topics including offshore wind subsea cables, offshore wind support vessels, digitalisation, wind turbine components, and more!
Read the article online at: https://www.energyglobal.com/wind/11102024/boralex-acquires-sallachy-wind-farm/
You might also like
Eco Wave Power secures final permit for wave energy project in the Port of LA
Eco Wave Power has been granted Revocable Permit 25-05 by the Port of Los Angeles for the construction and demonstration of its wave energy technology at Berth 70 in San Pedro, California.