John Laing harvests Welsh wind
Moel Moelogan 2 project features nine Siemens 1.3MW turbines
John Laing Environmental has snapped up the operational 11.7MW Moel Moelogan 2 wind farm in Wales in a deal worth £22.65m.
The infrastructure and investment outfit funded the deal for the project near Llanrwst, Conwy, through an existing revolving credit facility.
JLEN has is also in advanced discussions with the owners of Moel Moelogan 2 “to acquire another smaller wind farm located at the same site”.
The wind farm went live in 2008 and features Siemens 1.3MW turbines with 62-metre rotors.
It was originally developed by Cwmni Gwynt Teg.
Image: JLEN owns assets across the UK (JLEN)