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Falck, REG partner up for 200 MW of UK renewables projects

Source: Pixabay

October 11 (Renewables Now) - Italy-based Falck Renewables SpA (BIT:FKR) announced on Thursday a partnership with British REG Windpower Ltd to develop together some 200 MW of wind and solar projects in the UK.

The European firms have created a new joint venture (JV) named Naturalis Energy Developments Ltd, 70% owned by Falck and 30% by REG Damery Developers Ltd. The devoted Development Company already has one wind and one solar project consented in its portfolio.

As joint projects obtain construction authorisations, Falck Renewables Wind Ltd will have an option to buy and build these itself or sell them to the market, the company stated.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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