Good Energy Group buys wind farm site

Friday, 11th January 2013

(Follow this link to see the original article)

The Chippenham-based renewable energy supplier has acquired the site, located by Hampole near Doncaster, from RWE Npower Renewables Ltd.

The site has planning permission for the construction of four turbines and Good Energy Group plans to construct a wind farm with a generation capacity of approximately 8.2MW.

The wind farm, which is expected to generate around 20,000 MWh a year and nearly double the amount of electricity that Good Energy generates, is to become the second onshore wind farm in its portfolio alongside the Delabole wind farm in Cornwall.

The business added that the acquisition “represents an important step forward” in its target to develop 110MW of new generating capacity by 2016.

Good Energy Group founder and chief executive Juliet Davenport said: “Acquiring sites like this one, that have already received planning permission, brings a welcome balance to the portfolio so that we can have this site in development in 2013.

“We also plan to bring online some of the sites we are currently developing from scratch in 2014/2015. With that in mind, we are pleased to have reached this agreement.”

Good Energy Group joined AIM last year and raised £4m through a placing.

 

Back to news