The Low Carbon Contracts Company (LCCC) has announced that Contracts for Difference payments have started for two Scottish onshore wind farms, Tralorg and Solwaybank.
It said both projects had become operational and satisfied all eligibility criteria in November.
The 18.8MW Tralorg wind farm, located in South Ayrshire on the south west coast of Scotland, was acquired by RPMI Railpen in 2019, one of the UK’s top five pension funds, from BayWa, which constructed the project and will asset manage it.
The 30MW Solwaybank wind farm (pictured) in Dumfries and Galloway is owned by The Renewables Infrastructure Group Limited and was constructed by RES who will retain a management role.
LCCC director of scheme delivery James Rushton said: “Seeing Tralorg and Solwaybank come online is a fantastic way to round off 2020.Scottish and Southern Electricity Networks Distribution has contracted Orient Cable to make the wires for the Skye-Harris link replacement project
RPMI Railpen senior investment manager Lewis Vanstone said: “Tralorg’s CfD has been central to the project, with LCCC’s guidance through the construction and commissioning phase and BayWa’s reliable ongoing operational and commercial management support, it has ensured revenue stability now that the facility is operational.
“Tralorg’s reliable contract structure and its long-term role in producing secure, clean power align perfectly with our commitment to paying members’ pensions affordably and sustainably for the long term.”
RES MD development and construction Lucy Whitford said: “Solwaybank is a testament to the experience and capabilities of all the teams involved in bringing the project online.
“Collaboration and clear communication with the contract management team at LCCC have been important for RES and TRIG in reaching this milestone.” https://renews.biz/…/scottish-wind-duo-achieve-cfd…/
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