Member Article

Good Energy make Doncaster wind farm acquisition

Good Energy Group plc have bought the Hampole onshore wind farm site from RWE Npower Renewables Limited.

The deal is worth £3m and will give Good Energy the site with planning permission for four turbines.

It will become the second onshore wind farm in the Good Energy portfolio, doubling the amount of electricity the firm generates.

The site will be eligible for Good Energy’s new Local Tariff, which gives local residents living near wind farms the opportunity to benefit from a 20% discount off Good Energy’s standard electricity tariff.

Juliet Davenport OBE, CEO and founder of Good Energy, said: “As our customer numbers increase, we see the development of our own generation assets as an important way in which we can keep wholesale costs down and deliver more stable retail prices.

“Acquiring sites like this one, that have already received planning permission, brings a welcome balance to the portfolio so that we can have this site in development in 2013. We also plan to bring online some of the sites we are currently developing from scratch in 2014/2015. With that in mind, we are pleased to have reached this agreement.

“We’re very excited that this latest site will be part of our new Local Tariff, and we look forward to engaging with the local community during the final development and construction process. We are particularly keen to seek their views on how the site might act as a vehicle for local investment in the area.”

This was posted in Bdaily's Members' News section by Tom Keighley .