Statkraft’s Airvolution partnership bears fruit in Scotland
11.10.2018 | news
Statkraft has confirmed its continued commitment to onshore wind in the UK by the acquisition of Ackron, a 36+MW onshore wind farm project. The unconsented project, located in the Scottish Highlands, was identified and secured by its development partner, Airvolution Clean Energy Limited.
The Scottish Ackron project has been acquired from German renewable energy company WPD. The project is scheduled to go into planning at the end of 2019.
The project is the first of around twelve onshore wind projects that have been identified in the wider Airvolution development pipeline amounting to more than 1GW and that will be secured over the next six to twelve months. The partnership with Airvolution was signed in October 2017 to help achieve Statkraft’s ambitions to invest, construct and operate around a GW in the UK by 2023-25 utilising the skills and expertise of a local developer.
David Flood, Managing Director of Statkraft UK said:
“This acquisition fits perfectly with our ambitions to increase Statkraft’s UK wind portfolio, and we look forward to more projects progressing in the future – from direct acquisitions as well as projects through Airvolution’s landowner sourced “greenfield” development pipeline.”
Richard Mardon, CEO of Airvolution said:
“The challenge of developing onshore wind projects in the UK has never been higher, however I am confident of our capability to navigate tough planning and financial barriers to help expand Statkraft’s growing portfolio. The hard work of our team is starting to bear fruit as we approach the first anniversary of our partnership agreement.”