Banks Renewables erects 1st turbine at 67-MW wind farm extension in Scotland
Rachel Allum, principal development planner at Banks Renewables. Image by Banks Group (www.banksgroup.co.uk)
UK developer Banks Renewables today said it has erected the first turbine at the 15-turbine Kype Muir Extension in South Lanarkshire, Scotland.
The extension of the 26-turbine Kype Muir facility is targeted to start generating power by the end of 2022.
Last year, renewable infrastructure fund Greencoat UK Wind Plc (LON:UKW) announced it has agreed to acquire a 49.9% stake in the 67.2-MW Kype Muir Extension project, which will be built without state subsidies and will operate under a 15-year fixed power price agreement with a utility, once the plant becomes operational.
Together, Kype Muir and Kype Muir Extension will have 41 turbines with a capacity of around 150 MW, capable of supplying enough electricity for around 120,000 homes, Banks Renewables said.
“From supporting the local community to its contribution to climate change targets, Kype Muir Extension is set to add a significant value once it’s up and running,” commented Rachel Allum, principal development planner at Banks Renewables.