As final preparations are made for the construction of Quixwood wind farm this autumn, it has been announced that it has new owners.
Irish asset management company NTR confirmed last week that they had bought the 13 turbine wind farm from Banks Renewables Ltd.
Once completed, expected in the final quarter of next year, it will generate more than 71,000 MWh of electricity annually, enough to power just under 15,500 homes.
NTR chief executive, Rosheen McGuckian, said of their acquisition; “We are very pleased to have completed another significant wind project acquisition and our first in Scotland.
“Together with the acquisition of the single turbine site projects in Northern Ireland in 2014 and the recent acquisition of the 15MW Ora More wind project in Fermanagh, Northern Ireland, this takes NTR’s current total wind portfolio to 42MW.”
NTR is targeting to build and operate around 175MW of wind over the coming two years across the Irish and UK wind markets and intends to construct all projects and operate them over their lifetimes.
When Banks Renewables were granted planning permission in April 2013 it was the first time in three years a wind farm of that size had been approved by Scottish Borders Council and development director, Phil Dyke, said at the time: “It is the first scheme to be granted approval by the Scottish Borders Council in three years and we believe this is down to our engagement with the local community.
“We have liaised with the community at every step of the application process and reacted positively to any feedback they have had and as a result we have sensitively designed the appearance of the wind farm in the landscape in response to their views.”