SgurrEnergy has advised investors Infracapital Partners LP on the multi-million pound acquisition of the UK's largest wind-farm portfolio.
SgurrEnergy's multi-disciplinary team performed vital technical due diligence on the £145million sale of a 33 per cent stake in Zephyr Investments Limited. At the time of the acquisition investment house Arcapita owned a third of the portfolio, with original developer RWE npower holding on to the remaining third. The Zephyr portfolio represents almost 2O per cent of the UK's total operational wind capacity and consists of 17 sites from Cornwall to Caithness, including the first major British offshore wind farm off the Welsh coast at North Hoyle. Key focuses of the work included prediction of future energy outputs, assessment of operational performance of the wind farms, current and future operational and maintenance costs, de-commissioning costs, repowering costs and potential capacity increase resulting from repowering.? RBC Capital Markets acted as financial adviser.