Property consultants Galbraith has put a 60MW wind farm development in Dumfries and Galloway, Scotland, up for sale.
The offer is likely to be of interest to specialist institutional investors and developers, Galbraith said.
In preparation for progressing with a formal planning application, the potential wind resource has been measured and ecology/ornithological and other studies undertaken to support this process, it added.
Calum Innes, the partner handling the sale, said: “The UK Government has made it clear that onshore wind remains a key technology in meeting our renewable energy targets and combating climate change.
“This opportunity is unusual in that it’s so far advanced. We are pleased to offer an exciting project with the benefits of land rights and a formal grid connection offer.”
The unnamed vendors hold formal option/lease agreements over approximately 1500 acres for the purpose of developing a wind farm.
An online data room contains detailed information with regard to the grid offer, legal agreements and other documents.
The vendor is seeking initial expressions of interest to Galbraith as agents by 15 September, when the data room for the transaction opens, shortly.
Parties wishing to register their interest are invited to contact Galbraith to initiate the NDA process.
Commercial proposals are sought by 3 October. A further process may follow to clarify matters with regard to submitted offers. Viewing is by prior arrangement. https://renews.biz/88121/60mw-scottish-wind-farm-up-for-sale/?fbclid=IwAR0djzBDyPZrvaSohyvBoH03nFyjU_24gByJVn6at39EdUctiG52enKXOLg
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