Wind turbine
Centrica to provide balancing services for wind PPA in Norway

It has signed a contract with global aluminium firm Alcoa for the commercial services for power generation from the 197MW Guleslettene wind installation

Lightsource and BlackRock target £1bn solar portfolio

A renewable energy company has signed a £1 billion partnership with an investment management firm. Lightsource and BlackRock have entered into a strategic partnership to target the acquisition and ownership of around 1GW of UK solar energy assets. The partnership, called Kingfisher, will initially incldue 25 of Lightsource’s solar assets with an installed capacity of 156MW. It plans […]

Centrica sells three wind farms in £423m deal

Centrica has agreed to offload its interests in three wind farms in the UK. A consortium, which includes the Green Investment Bank (GIB) Offshore Wind Fund and funds managed by BlackRock, has bought the shares for £423 million. The British Gas owner and its 50% joint venture partner EIG sold their shares in the 26MW […]

US-based fund in £36m UK wind deal

Renewable Energy Generation, a British low carbon asset developer, has sold two wind farms to a US fund for £36 million. New York-headquartered BlackRock bought the 10MW St. Breock wind project in Cornwall and the 8MW Ramsey II wind farm in Cambridgeshire. Under the agreement, BlackRock will take on £21 million of project debt and […]

FTSE founds “fossil fuel free” stocks list

Investors who want to avoid buying shares in oil, coal and gas will be able to pick from a new list put together by FTSE and investment giant Blackrock. This week they announced plans for a “fossil fuel free” index, excluding companies with links to exploring for or owning fossil fuels. Companies will be excluded […]