Tuesday, 9 April 2013

Triodos buys half of U.K. wind farm, seeks to boost capacity 20%

21 Mar 2013

Triodos Renewables Plc, an arm of Netherlands-based Triodos Bank NV, purchased a stake in a wind farm in southeast England and said it's seeking to increase its power generating capacity by a further 20% this year. The unit and the bank's Renewables Europe Fund bought 49.8% of the 10-MW facility in Cambridge, Zeist-based Triodos said today in an e-mailed statement. The farm produces enough electricity to supply power to about 5,720 homes. Triodos plans to raise capacity by a fifth later this year, on top of 20% growth from today's deal and commissioning of a wind farm earlier this month, according to the statement.