Investor Octopus Renewables has acquired two operational wind farms in the UK from a consortium of developers.
The company has bought the Muirhall South project in South Lanarkshire and Burton Wold South site in Northamptonshire totalling 16.8MW
Octopus Renewables investment director Peter Dias said: “This acquisition adds to our ever-expanding onshore wind portfolio that has seen us become a market leader in the technology. “REIP III is also a great example of our ability to unblock further institutional investment in renewables by creating bespoke portfolios of assets for investors. This is important as increased institutional investment in renewables will be vital if the UK is to reach its target of net zero by 2050.”
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