Infinis Energy buys British wind farm

Renewable power generator Infinis Energy has bought an 18.5-megawatt wind farm project from investment firm Peel Group for an undisclosed sum.

The wind farm is located on former surface mining land in Northumberland and next to the 8-megawatt Sisters wind farm project already being developed by Infinis.

Construction on both projects is expected to start in July and they are expected to connect to the grid in June next year.

Infinis said funding would come from project finance.

Both projects will also qualify to receive government support because they comply with grace period conditions from subsidy cuts, which were announced last week by the government for new onshore wind projects which already have planning consent, grid connection deals and land rights.

The government has decided to shut down its onshore wind farm subsidies scheme from April 2016 to avoid spending more than necessary to meet its climate targets.