Announced
Completed
Financials
Tags
wind farm
Disposal
Friendly
United Kingdom
Alternative Electricity
Infrastructure
Private Equity
Domestic
Completed
Majority
Private
Single Bidder
Acquisition
Synopsis
Railways Pensions Investments, which manages £30bn of assets on behalf of the railways pension schemes, completed the acquisition of Carraig Gheal Wind Farm, an operational wind farm on the west coast of Scotland, from GreenPower International, an independent renewable energy developer. Financial terms were not disclosed. "We are delighted to welcome Railpen as partners at Carraig Gheal, a project which is a significant part of our portfolio. We look forward to working with them on this and other opportunities in the future, as we help to deliver a zero carbon economy," Rob Forrest, GreenPower International CEO.
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