SSE signs agreement with GE Capital to sell the 16MW Langhope Rig wind farm

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SSE signs agreement with GE Capital to sell the 16MW Langhope Rig wind farm

SSE has signed an agreement with General Electric (GE) Capital to sell its 16 MW Langhope Rig wind farm located 5 km west of Ashkirk and 4 km south east of Ettrickbridge in the Scottish Borders.

The deal will see ownership and operation of the wind farm transferred to GE when construction completes in Spring 2015.

The wind farm includes 10 GE turbines with a hub height of 82.5 m and a blade length of 40.2 m.

Under the agreement, the £5,000-per-MW community investment fund associated with the project will be transferred over to GE to manage and is therefore protected for the nearby communities hosting the wind farm.

Information regarding the management of the wind farm and ongoing admin of the fund has not been disclosed.

Paul Cooley, SSE’s Director of Renewables said:

“We are pleased to confirm the sale of our Langhope Rig onshore wind farm project to GE Capital.  SSE’s agreement with GE represents the latest step in a programme of acquisitions and disposals to optimise our wind farm portfolio and the proceeds from the sale of Langhope Rig will help to support our investment in new renewable assets.”

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