Octopus Renewables is set to acquire a portfolio of nine wind farms with a total capacity of 130 MW from RES for €100m ($110m). The projects are spread across the UK, Ireland and France and combine operational and build-ready schemes. The purchase increases Octopus' wind assets to 470 MW over 21 locations. The acquisition will add to its existing renewable energy portfolio, which includes two offshore windfarms, one in Scotland and another off the coast of France.
Octopus Renewables is set to acquire a portfolio of nine wind farms with a total capacity of 130 MW from RES for €100m ($110m). The projects are spread across the UK, Ireland and France and combine operational and build-ready schemes. The purchase increases Octopus' wind assets to 470 MW over 21 locations. RES will oversee construction, asset management, operation and maintenance of the nine sites.