Eneco named as new investor for Moy Wind Farm
The new investor in Moy Wind Farm, near Inverness has been named as Eneco Wind UK, the company also constructing the 69MW Lochluichart Wind Farm near Garve.
From its local base at Dochfour, the sustainable energy company will work alongside the wind farm’s developers, Carbon Free Developments Limited who gained consent for the project in February 2012. Eneco will now take the lead for the construction and operations phases of the project.
The 50MW wind farm located on the Moy Estate, near Inverness comprises 20 turbines with a maximum tip height of 126.5m. It is anticipated that construction work on the site will begin in early 2014 with the wind farm being commissioned in early 2016. Like Eneco’s Lochluichart Wind Farm near Garve, which will be fully operational by the end of this year, the company is keen to make a commitment in the construction phases of the project to ensure that there are tangible opportunities for local suppliers. At Lochluichart, £3.5 million was awarded in local contracts during the construction phase.
Eneco is also committed to working with the local community and will work with Carbon Free Developments Limited to understand the current needs of those living in proximity to the wind farm. A community benefit fund of £4,500 per MW per year, be paid throughout the lifetime of the project, has been pledged. Eneco already has a significant asset base in Scotland including 111MW of onshore wind in operation and construction, and a larger development pipeline. Eneco is also a 50:50 development partner in the Navitus Bay Offshore Wind Project, part of the Round 3 Offshore Wind Programme. The company recently cemented its commitment as an investor in the Scottish renewables industry by opening an operational base at Dochfour near Inverness.
Guy Madgwick, Director, Eneco UK said: ‘The Moy Wind Farm represents a further significant investment for Eneco in the Scottish Highlands that will generate local opportunities and investment. Like our other wind farms near Garve and in Aberdeenshire, we want to be a good neighbour and very much look forward to working with the local community to ensure that we achieve this.’
Dominic Farrugia, Managing Director, Carbon Free Developments said: ‘Carbon Free welcomes Eneco’s investment in the Moy Wind Farm and is delighted that such a capable and community-minded company will take the helm for the construction and operation phases of this project. We hope that Eneco’s further commitment to the Highlands, as evidenced by this investment and the opening of its Inverness office, will be welcomed by the local community.’