Nordex to equip 50-MW Scottish wind farm for Octopus Renewables

Germany’s Nordex SE (ETR:NDX1) said on Thursday it has received an order to deliver turbines for a 50-MW Scottish wind farm owned by UK closed-end investment company Octopus Renewables Infrastructure Trust plc (LON:ORIT).

The value of the deal was not disclosed. Under its terms, the German manufacturer will supply 12 of its N133 turbines in a 4.165-MW power optimised mode. The machines will be installed at ORIT’s Cumberhead wind park in South Lanarkshire county.

The order includes a 25-year premium service contract for the power plant’s maintenance, Nordex said.

The Cumberhead wind farm is already under construction and is on track to become operational by the end of next year. Once up and running, it is expected to generate approximately 160,000 MWh per year. It has in place a power purchase agreement (PPA) with Kimberly-Clark Corp (NYSE:KMB) to cover close to 80% of the electricity needs of the UK personal care products maker.

ORIT, which is managed by the investment arm of the privately-owned Octopus Group, acquired the rights to build the 50-MW wind park in September from RDC Partners LLP. It then said it is spending up to GBP 75 million (USD 99.7m/EUR 88.1m) overall on the purchase and construction of the project.

(GBP 1.0 = USD 1.329/EUR 1.175)

Choose your newsletter by Renewables Now. Join for free!