SSE sells £355m stake in flagship Clyde Wind Farm

clock
SSE sells £355m stake in flagship Clyde Wind Farm

Deal sees utility giant sell a 49.9 per cent stake in 350MW project to two investment funds

Utility giant SSE today announced it has sold a 49.9 per cent stake in its operational Clyde Wind Farm. The £355m deal will see renewable investment fund Greencoat UK Wind (UKW) acquire a near-28 per...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Wind

Credit: iStock

Energy Charter Treaty: UK claims 'carve-out' reforms will help strengthen net zero ambitions

But campaigners slam concessions, arguing they continue to give fossil fuel investments another 10 years of legal protection

Michael Holder
clock 24 June 2022 • 4 min read
Wind farms in the North Sea will soon power German steelmaking. Credit: RWE

RWE and ArcelorMittal ink major wind farm and green hydrogen deal

Partnership comes as Global Energy Monitor report warns steel industry faces $518bn of stranded assets unless measures to decarbonise are taken now

clock 24 June 2022 • 5 min read
A Google data centre / Credit: Google
IT

Google.org launches $30m Impact Challenge on Climate Innovation

Selected organisations will receive $5m each in grant funding, as well as support from the tech giant's software products

clock 24 June 2022 • 2 min read