Brookfield starts sale process of Irish wind farms

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Brookfield Renewable Energy Partners LP has announced it has started a sale process of two Irish wind farms with a combined capacity of 137 MW.

The company has started looking for potential buyers for the 100 MW Knockacummer wind park in Cork and the 37 MW Kill Hill facility in Tipperary.

The wind parks are part of the wind business Brookfield bought from Bord Gais Energy in 2014 for a total amount of 700€ million (US$769 million). It also included a 321 MW portfolio of operational wind farms, some assets under construction and a 300 MW pipeline.

According to sources, more than 30 interested parties, including pension funds in the UK, Canada and Continental Europe, have expressed interest in the sale.

Societe Generale and BNP Paribas are advising Brookfield in the sale process.

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