EDF Energy Renewables signs deal to acquire Barmoor wind farm
EDF Energy Renewables is pleased to announce that it has acquired the Barmoor wind farm project from Duke Energy and Statkraft UK Limited. The project site which is located between Ford and Lowick,14km south-west of Berwick-upon-Tweed, Northumberland, was developed by Force 9 and the sellers.
The six turbine project, which is expected to have a capacity of 12 MW, received planning consent in January 2010 and EDF Energy Renewables will now progress the construction of the site as soon as possible. Once built, the wind farm will be capable of producing enough low carbon electricity to meet the annual needs of approximately 6,400 homes.*
Christian Egal, CEO of EDF Energy Renewables said:
“We’re pleased to have acquired this excellent project from Duke Energy and Statkraft UK.
“We have ambitious plans to continue to grow our portfolio of onshore wind farms, through our own development activities and through acquisitions. This deal is consistent with that ambition and our ability to deliver new projects.”
“We are very keen to start construction at the site and will start liaising with the local community on our building plans as soon as possible.”
“We are committed to engaging with and supporting the communities we operate in and are looking forward to continuing the local relationships Force 9 has built up in developing this project.”
Shimon Shoshani, Head of Onshore Development at Statkraft UK Ltd said:
“Statkraft is pleased to see the Barmoor project in good hands before the construction phase. Statkraft has ambitious growth plans for onshore wind power in the UK, and this transaction contributes to streamlining our portfolio towards larger projects, in line with our strategy.
“We are actively seeking further investment opportunities in the UK renewables sector, an attractive market for investments.”
In addition to 500MW of onshore and offshore projects already in service, EDF Energy Renewables has over 1000MW of onshore renewables projects in development together with a 970MW offshore wind farm project currently under development, Navitus Bay, a 50-50 Joint Venture between Eneco Wind UK Ltd and EDF Energy.
*Please note these figures are based on onshore turbines operating at 26.06% capacity (2008-2012 average load factor for onshore wind from Digest of UK Energy Statistics) and assuming 4,222 is the average UK household electricity consumption in kW hours (based on DECCs publication URN:13D/310 December 2013).