EDF Group Aquires Neart na Gaoithe Offshore Wind Farm

The EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles, has bought the Neart na Gaoithe wind farm project from global wind and solar developer Mainstream Renewable Power, following a competitive bidding process.

The wind farm will generate up to 450 megawatts (MW) of renewable energy, which is equivalent to the annual electricity provision of around 375,000 homes. It is a fully consented offshore wind project which is located in the Firth of Forth off the east coast of Scotland. It covers 105km2, and has a 15 year Contract for Difference at 140 Euros (corresponding to the indexation of the tariff of £114.39 that was set in 2012 prices), and grid connection agreements in place. This project also benefits from a... ... More: Official Press Release Mainstream Renewable Power

Keywords:

Mainstream Renewable Power, EDF Group, Neart na Gaoithe, offshore, wind farm