New wind farm for Erg, Scotland. The group headed by the Garrone and Mondini households, via the subsidiary Erg Uk holding, has signed one share buy settlement with Baywa re, a number one operator within the renewable power sector, for the acquisition of 100% of the shares of Baywa re Uk (Jubilee), an organization that holds Broken cross wind farm, proprietor of a 43.2 megawatt onshore wind farm within the South Lanarkshire. The enterprise worth of the transaction quantities to £60 million and the transaction is anticipated to shut by January 2025.
The park, which got here into operation in the course of the fourth quarter of 2024, consists of 9 generators of 4.8 megawatts every and advantages from a contract for distinction lasting 15 years, “in line – explains a company note – with the revenue securitization strategy pursued by the group”. Annual manufacturing is estimated at roughly 120 gigawatt hours, akin to 46 kilotonnes of CO2 emissions prevented annually, equal to the wants of over 28 thousand households.
«With the acquisition of Broken Cross, Erg – states CEO Paolo Merli – additional consolidates its presence within the United Kingdom, a central nation within the group’s progress and geographical diversification technique, the place we are going to attain an general put in capability of virtually 300 megawatts along with 47 megawatts underneath development. The plant will contribute to the group’s outcomes as early as 2025 and, because of its proximity to our vegetation, will guarantee operational synergies.”
https://www.ilsole24ore.com/art/erg-acquisisce-parco-eolico-scozia-AGwJ3TtB