TRIG acquires 34MW wind farm in Wales for £100 mln

18/05/2017 10:32 Wind


The Renewables Infrastructure Group (TRIG) has finalized the purchase of the 34MW Garreg Lwyd Hill wind farm in Wales from RES for £100 million.

The operational project is sited in Powys and comprises 17 Vestas V100 2MW turbines.

It is suitable for the UK’s renewables obligation scheme and has a power purchase deal with Shell Energy.

Maintenance operations to the facility will be provided by Vestas.

The acquisition, which brings TRIG’s portfolio to 55 projects with total capacity of 754MW, was funded from the profits of a recent share issuance, according to the company.

Iberdrola to enter Italy's retail electricity market by the end of the year

19/07/2017 08:12:00

Spanish utility Iberdrola will enter Italy's retail electricity market by the end of the year and is aiming 5-7 percent of the nation's over 37 million consumers, one of the group's top managers declared on Tuesday.


Macron might have persuaded Trump to change his mind about the Paris agreement

18/07/2017 14:21:00

French President Emmanuel Macron said there is hope that U.S. President Donald Trump might change his mind in regard to the withdrawal of the United States out of the Paris climate agreement.


Egypt targets the increase in natural gas output by 100% by 2020

18/07/2017 13:43:00

The Egyptian petroleum ministry declared that the three recently discovered gas fields will boost Egypt’s natural gas output by 50% the next year, and double it by 2020.