SSE sells interest in Braes of Doune onshore wind farm

Perth-based Scottish and Southern Energy (SSE) has agreed to sell its 50 per cent interest of 36MW in the Braes of Doune onshore wind farm to a fund managed by Climate Change Capital, for a total cash consideration of £61.3m excluding working capital.

The electricity from Braes of Doune is sold to a third party.

This agreement follows the sale to Infinis of SSE’s 100 per cent interest in three onshore wind farms, with a total capacity of 96.8MW, for a final cash consideration of £178.4m.

Following these disposals, SSE will have 775MW of onshore wind farm capacity in operation — in addition to 12 onshore wind farms, with a total capacity of 714MW, currently under construction in Scotland, Northern Ireland and the Republic of Ireland.