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Windtech International July August 2024 issue

 

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In wind power generation, with total operational capacity of only 245MW and no existing potential developments in the pipeline, Centrica plans to dispose of their interests in wind farms, continuing to participate to a limited degree through power purchase agreements. 

In the first half of the year the Group already disposed of the portion of the Lincs wind farm project financing debt owned by Centrica, resulting in a cash inflow to Centrica of £180 million.  The company aims to release £0.5-1.0 billion of divestment proceeds by 2017 from Exploration and production (E&P) and wind.

 
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