The wind park, which has a generation capacity of 33.6 megawatts, was sold to Capital Dynamics, a global private asset management firm, in the spring of 2022.
This marks the third successful collaboration between Energiekontor and Capital Dynamics, as part of their ongoing partnership in renewable energy investments. Energiekontor was responsible for developing the project and overseeing construction until its commissioning. Moving forward, Energiekontor will also manage the park’s operations, continuing their involvement in its long-term sustainability.
The Scottish Pines Burn wind park is a subsidy-free project, highlighting the growing viability of renewable energy initiatives without government support.
A total of seven Nordex N133 wind turbines with a nominal capacity of 4.8 megawatts each have been installed and commissioned at the site. The individual turbines have a hub height of 83 metres and a rotor diameter of 133 metres. The wind park is expected to produce an average of around 92 gigawatt hours of electricity per year, which corresponds to around eight per cent of Sainsbury's annual energy requirements. Sainsbury's, one of the UK's largest chains of supermarkets, had already signed an agreement in summer 2022 to purchase 100 per cent of the electricity generated by the Pines Burn wind park.
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"We are delighted to have successfully realised another important infrastructure project in Scotland, which we will continue to support by managing its operations. Finalising this project would not have been possible without the support and patience of local residents and communities, for which we would like to express our sincere thanks. Together with Capital Dynamics and Sainsbury's, we are thus contributing to the UK achieving its Net Zero goal. As a developer and operator of wind and solar projects, we will continue to consistently drive forward the realisation of our well-filled project pipeline in Scotland in the coming months and years," said Peter Szabo, CEO of Energiekontor AG.
"We are excited to collaborate once again with Energiekontor, a valued partner in our mission to advance clean energy. Together, we have successfully introduced a new, cost-effective source of renewable energy to the UK’s grid, marking another step towards a cleaner, more sustainable future. This partnership highlights the private sector’s essential role in accelerating the energy transition, and we look forward to driving further impactful projects with Energiekontor," commented Barney Coles, Managing Director, Co-head of Clean Energy at Capital Dynamics.
