OVO unveils new venture to invest in upgrading UK's ageing onshore wind farms

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

OVO Renewables aims to invest hundreds of millions of pounds in repowering onshore wind turbines approaching the end of their operating lifespan

OVO is set to move into the power generation market for the first time, under plans announced today to launch a new division to invest hundreds of millions of pounds in repowering Britain's ageing onshore...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Ofwat announces funding for domestic leak-busting projects

Ofwat announces funding for domestic leak-busting projects

Water Efficiency Lab 2 grant programme aims to help prevent the 1.5 billion litres a day lost to leaks in homes and businesses

Stuart Stone
clock 03 August 2026 • 2 min read
Study: Clean energy remains a key untapped regional investment opportunity

Study: Clean energy remains a key untapped regional investment opportunity

Mayoral Strategic Authorities collectively identify almost £80bn of investment opportunities across infrastructure, housing, and clean energy

Stuart Stone
clock 31 July 2026 • 4 min read
Nesta pulls £120m of investments from Northern Trust over climate backtracking concerns

Nesta pulls £120m of investments from Northern Trust over climate backtracking concerns

UK research and innovation charity foundation transfers £120m of passive global equity portfolio to rival asset manager Amundi

Michael Holder
clock 29 July 2026 • 3 min read