GE acquires a 16MW project in UK

UK: SSE has sold GE its Langhope Rig project in southern Scotland for an undisclosed amount.

by Staff 26 March 2015

The project will use GE 1.6MW turbines

Langhope Rig is currently in development and will use GE 1.6MW turbines when it is complete.

Under the terms of the deal, the £5,000 per MW community investment fund will be transferred to GE.

Speaking about the deal, Paul Cooley, SSE's Director of Renewables said: "We are pleased to confirm the sale of our Langhope Rig onshore wind farm project to GE Capital.

"SSE's agreement with GE represents the latest step in a programme of acquisitions and disposals to optimise our wind farm portfolio, and the proceeds from the sale of Langhope Rig will help to support our investment in new renewable assets."

According to “uåX˜äŠÊ˜·³Ç Intelligence, GE owns around 200MW in UK. This includes the 20MW Wandylaw and 65MW Scout Moor projects.