[ 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

Wind power firm UrbanWind in £30m funding deal  

Credit:  BBC News | 24 April 2015 | www.bbc.co.uk ~~

Glasgow-based renewable energy firm UrbanWind has announced plans to develop wind turbine schemes across the UK after signing a £30m funding deal with a private equity firm.

Zouk Capital will provide finance for smaller schemes which have won planning permission but lack funding to proceed.

Under the agreement, Zouk and UrbanWind will create a joint venture to develop suitable projects.

UrbanWind says it has about 100 sites in the development appraisal phase.

They are currently being evaluated for funding approval.

UrbanWind chief executive Paul McCullagh said: “We are delighted to announce the signing of this ground-breaking deal with Zouk Capital.

“It will enable UrbanWind to move ahead with our ambitious development plans, as well as opening up the advantages of wind energy to UK businesses, and is also a fantastic endorsement of the future that wind technology has in the UK.

“We look forward to working with Zouk Capital to bring wind turbine technology plans off the drawing board and into reality on sites across the country.”

Mr McCullagh added that UrbanWind was looking to acquire more consented sites for wind turbine projects, as it continued to develop its strategy in partnership with Zouk.

Source:  BBC News | 24 April 2015 | www.bbc.co.uk

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

Wind Watch on Facebook

Follow Wind Watch on Twitter