EDF Energy Renewables Takes Over Scottish Wind Farm, Buys Owner
EDF Energy Renewables Ltd. took over a Scottish wind farm after the U.K. company bought the park’s owner, North British Windpower Ltd. Terms weren’t disclosed.
EDF Energy Renewables bought the company owning the 144- megawatt Fallago Rig project under development in the Scottish Borders, according to a statement from Squire Sanders, the law firm advising North British Windpower on the deal.
EDF Energy Renewables is a wind-focused joint venture between EDF Energy Plc and EDF Energies Nouvelles SA. (EEN) The project, already approved, is expected to power about 90,000 Scottish homes when built, according to today’s statement.
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