RES CLOSES SALE OF NORTHERN IRELAND ONSHORE WIND FARM
by RES | Oct 14, 2022 | Reading time: 2 min
RES, the world’s largest independent renewable energy company, has today announced the sale of Corlacky Hill Wind Farm to ERG UK Holding Ltd, a company owned by ERG, a leading European wind energy producer. RES is delighted to agree the sale, making Corlacky Hill Wind Farm the third project RES and ERG have partnered on. The project will consist of 11 turbines with an expected total installed capacity of up to 47 MW, located near Swatragh.
The agreement strengthens an existing relationship between the two companies after the sale and construction of Craiggore Wind Farm located in Northern Ireland. RES has also worked with ERG to construct Evishagaran Wind Farm, also located in Northern Ireland, which became operational earlier this year. RES is also providing to ERG asset management services for both operational projects.
ERG recently hosted an inauguration ceremony for Craiggore and Evishagaran, with the participation of representatives of local communities as well as local contractors, who played an important role in the establishment of the wind farms, demonstrating their commitment to sustainable development and the green economy in the region. RES and ERG’s partnership will continue to grow as RES has also been awarded the construction and asset management support agreements for Corlacky Hill Wind Farm.
Lucy Whitford, UK&I Managing Director, RES, commented: “In Northern Ireland, RES has developed and/or constructed twenty-two onshore wind farms equating to over a quarter of Northern Ireland’s onshore wind capacity and has a record of using local companies to develop, construct and operate renewable energy projects.
We are thrilled to have reached agreement with ERG for Corlacky Hill Wind Farm. The sale represents our growing relationship and combined investment in renewables, consolidating our common efforts to deliver affordable zero carbon energy and sustain local communities. We look forward to starting construction and helping ERG in managing the wind farm when it becomes operational.”
Corlacky Hill is projected to inject approximately over £10 million into the local economy through construction. Not only will Corlacky Hill benefit the local community with an economic boost, but it will also provide sustainable jobs and contracts for local trades during the construction phase which is expected to start in the first quarter of 2024. Northern Ireland’s Path to Net Zero aims to achieve 80% of its electricity generation from domestic renewables by 2030 and Corlacky Hill will represent an integral part of this objective.
Notes to editors:
RES is the world’s largest independent renewable energy company active in onshore and offshore wind, solar, green hydrogen, energy storage, transmission and distribution. At the forefront of the industry for over 40 years, RES has delivered more than 23GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 10GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured 1.5GW of power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs over 2,500 passionate people and is active in 11 countries.
For further information about RES, visit www.res-group.com
CONTACT FOR FURTHER INFORMATION:
RES Press Office
+44 141 404 5560
+44 7500 937 925