John Laing, a international infrastructure investor has acquired 16 MW New Albion wind farm in UK, from wind developer Infinergy.
John Laing’s acquisition of the New Albion facility, situated in the East Midlands, is the third wind farm the company has acquired from Infinergy following Wear Point Wind Farm (Pembrokeshire) in 2012 and Wind Assets (comprising Castle Pill and Ferndale Wind Farms in Pembrokeshire and Rhondda respectively) in 2013.
Once constructed, New Albion Wind Farm will comprise 7-turbines with an installed capacity of 16 MW. Turbine selection for the site is currently ongoing and initial ground investigations have been completed. Planning permission for the wind farm was granted in 2010 by Kettering Borough Council and financial close is expected to be achieved this year.
Ross McArthur, Managing Director of Renewable Energy for John Laing, stated:
We are delighted to have completed a further acquisition from Infinergy, a partnership which has significantly contributed to the growth of John Laing’s presence in the renewable energy sector. We now look forward to taking the project through to operation in order to help deliver clean, renewable electricity to communities across the UK.
Infinergy’s Managing Director Esbjorn Wilmar, commented:
Working with John Laing has been very constructive. It makes me proud that soon, another wind farm will be contributing to the ever growing amount of home-grown, green and clean electricity that will be used by British households and businesses.