Statkraft has sold the 36MW Andershaw wind farm in South Lanarkshire to wind power specialist Greencoat UK Wind plc for £120m, with the European renewables major planning to use all of the proceeds from the sale to fund further renewables projects, it announced today.
Under the terms of the agreement, Statkraft will maintain day-to-day operation and maintenance of the Scottish farm, as well as asset management responsibilities, until 2037.
The 11-turbine project, which is situated just south of Glasgow, has been operational since 2017 and produces enough clean energy to meet the annual needs of about 26,000 homes, Statkfraft said.
Ervind Torblaa, vice …
