[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]


LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Power company SSE fails to sell wind farm near Stirling  

Credit:  BBC News, www.bbc.co.uk 20 July 2011 ~~

The energy firm, SSE (Scottish and Southern Energy) has announced that the sale of its Braes of Doune wind farm near Stirling has fallen through.

The company had agreed to sell its 50% interest in the wind farm to a fund managed by Climate Change Capital for £61.3m.

However due to market conditions the fund has decided not to raise the money to buy the farm.

The Braes of Doune wind farm has 36 turbines and was opened four years ago.

Gregor Alexander, finance director of SSE, said: “While it is disappointing that the sale of Braes of Doune has not been completed, these things have to be looked at in context.

“The asset will continue to deliver revenue for SSE and the proposed proceeds were not required to help fund SSE’s investment programme.”

Source:  BBC News, www.bbc.co.uk 20 July 2011

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

 Follow: