- Published: 02 December 2019 02 December 2019
Natural Power has acted as technical advisor to Octopus Renewables, part of Octopus Group, for its acquisition of a 115MW portfolio of wind farms in a deal totalling more than €100 million with renewable energy company RES.
The portfolio of eight wind farms is comprised of operational sites in France, the UK and Ireland. Octopus has acquired the operating French assets: Pays de Saint Seine, Marsanne, Lacombe, Caudebronde and La Salesse. In the UK, it has purchased Four Burrows onshore wind farm in Cornwall, and the Dyffryn Brodyn wind farm in Wales. The deal also sees Octopus make its first foray into Ireland with the acquisition of the 15 MW Cark onshore wind farm. RES will continue to manage and operate the wind farms.