RES and ESB Sign Deal on Sale of Hunters Hill Wind Farm
Wednesday, Feb 25, 2009
RES UK & Ireland Ltd has today completed an agreement to sell an eight turbine wind farm in Northern Ireland to ESB.
Hunter’s Hill Wind Farm, which is currently under construction by RES, is situated between Fintona and Fivemiletown in County Tyrone and is adjacent to the existing Lendrum’s Bridge Wind Farm, which was also
developed and built by RES.
The project will generate renewable electricity sufficient to meet the needs of an estimated 11,200 homes every year. The eight Nordex N80 2.5MW turbines will give a total installed capacity of 20MW, providing a significant boost to Northern Ireland’s renewable energy generation.
CEO of RES Northern Europe, Douglas Wright, said;
“We are delighted to complete the sale of Hunter’s Hill Wind Farm. It demonstrates our strong track record of successful project development and construction in Northern Ireland, where RES is the leading developer. We look forward to continuing our positive working relationship with ESB through the construction phase of the project.”
Commenting on the sale, Head of ESB Wind Development, Joe O’Mahony said;
“The acquisition is in line with ESB’s renewable strategy and is commensurate with ESB’s renewable energy objectives. ESB plans to build its wind portfolio to 600 megawatts by 2012, and this acquisition helps achieve that target.”
Hunter’s Hill Wind Farm was developed by RES UK & Ireland Ltd and was granted planning approval in January 2008. Construction work started in September 2008. Local civil works contractor WH Alexander (Civil Engineering) Limited and Northern Ireland electrical contractor KPL Contracts Limited are employed on site as part of the balance of plant team. The project is expected to start generating in the autumn of 2009.
ENDS
Notes to Editors
1. About RES: RES (www.res‐group.com) is one of the world’s leading independent renewable energy companies involved in the development, construction and operation of wind farms across Europe, North America and Australia. Part of the Sir Robert McAlpine group of construction and engineering companies, RES has to date completed over 3,500MW of wind energy capacity worldwide. RES UK & Ireland has built 300MW of capacity and has 925MW under construction or in development. In Northern Ireland, it has developed eight of the region’s existing wind farms (Rigged Hill, Corkey, Elliott's Hill, Lendrum’s Bridge, Altahullion (phases 1 and 2), Callagheen, Lough Hill and Wolf Bog) and the single turbine at Slievenahanaghan and has a further nine projects currently in development or under construction.
2. About ESB: Founded in 1927, ESB is Ireland’s leading electricity company. It is a vertically integrated utility that generates, distributes and supplies electricity in a regulated energy market. One of Ireland’s most successful companies with an annual turnover of €3.5 billion, ESB is currently implementing a major capital multi billion investment programme to make the company carbon-neutral by 2035. At least half of the programme is being directed at promoting renewable energy generation.
CONTACTS FOR FURTHER INFORMATION:
Anna Stanford, RES Group
+44 (0)1923 299203
+44 (0)7761 103465
anna.stanford@res-ltd.com
Sinead Bruton, ESB
+353 (87) 2366183
Source: RES Group
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