EDF Energy Renewables (EDF ER), the UK subsidiary of EDF Energies Nouvelles and EDF Energy, has bought 11 wind farm projects under development from Partnerships for Renewables, a development and asset management company. The sites in Scotland have a potential capacity of 600 MW.
The acquisition underlines EDF Group’s ambition to double its renewable energy capacity by 2030, under its CAP 2030 strategy.
Three sites with around 100 MW of capacity already have planning consent, one site is in the planning system already and seven other sites are in development. The majority of the projects are on land managed by Forest Enterprise Scotland.
The acquisition is a further evidence of EDF’s commitment to Scotland and renewable energy in the UK and around the world. EDF ER currently has 319 MW in operation in Scotland with more than 1 GW in development, including the fully consented 340 MW Lewis Wind Farm projects.
EDF Energy Renewables Chief Executive Matthieu Hue, said: “We are very pleased to be adding these ‘Partnerships for Renewables’ projects to our portfolio. EDF Energy Renewables has a well-established strategy to grow our business either by developing our own sites or through acquiring high calibre projects. This deal underlines our ambitions to develop our business further and to expand the number of wind farm projects we are developing”.
The acquisition follows the opening of EDF Energy Renewables new offices in Edinburgh earlier this year. The United Kingdom is a strategic market for EDF Group with about 700 MW of installed wind capacity and a 49 MW battery storage facility under construction.
EDF Energies Nouvelles is a market leader in renewable energy electricity, with a portfolio of more than 9,5 GW gross installed capacity focused for the most part on wind (onshore and offshore) and solar photovoltaic energy. Mostly operating in Europe and North America, EDF Energies Nouvelles continues its development by taking strong positions in promising emerging areas such as Brazil, Chile, China, India or South Africa. The Company is also present in other segments of the renewable energy market: marine energy, distributed energies and energy storage. EDF Energies Nouvelles manages renewable energy projects’ development and construction as well as operation and maintenance for its own account and for third parties. EDF Energies Nouvelles is a subsidiary of the EDF Group dedicated to renewable energy.