Turbines up at new Cambridgeshire wind farm
Boardinghouse Wind Farm development is set in motion as turbines are raised at site in Cambridgeshire.
16-04-2015 | Turbines have been hoisted and are ready to start generating renewable electricity at the new Boardinghouse Wind Farm development near March in Cambridgeshire.
Five turbines – with electricity generation capacity of 10.25 MW of electricity – were raised in February on farmland that Triodos Renewables believes to benefit from a good wind resource, helping to ensure the project delivers an attractive return on investment.
"The project is on schedule and construction is well on target for the anticipated operational launch of September 2015," explains Monika Paplaczyk, Senior Investment Manager at Triodos Renewables. "We are pleased that our shareholders investment is complementing that of the landlords and the developer, EcoGen, to realise this renewable energy project, providing another example of how Triodos Renewables can plug the funding gap to allow new generation to be achieved". The recent completion of the turbines at Flood’s Ferry Road for Greenvale – who consider they are the UK’s largest seed potato supplier – means that by the end of next year we will have invested in a combined energy generation capacity of 22 MW in this part of Cambridgeshire, which is fantastic for the local economy."
"The project is on schedule and construction is well on target for the anticipated operational launch of September 2015," Monika Paplaczyk, Senior Investment Manager
Triodos Renewables also co-funded the nearby wind farm in Eye, Suffolk - completed in 2013 - and has invested in the neighbouring Ransonmoor Wind Farm.
The renewable energy specialists selected local firm RG Carter to complete all civil engineering works for Boardinghouse Wind Farm, with EcoGen and PMSS project managing the development. Until now work has been focused on laying the groundworks and making sure the turbines are sited sensitively – positioned to take advantage of the wind without disturbing the natural wildlife and its habitat. Following the successful completion of that work, efforts were turned to erecting the turbines.
Boardinghouse Wind Farm joins Triodos Renewables’ portfolio of twelve operational renewable energy sites across the UK, which combined are capable of generating more than 150 million kWh of green energy annually – which last year generated enough renewable electricity to meet the demands of more than 36,000 homes. Triodos Renewables’ business model means that everyone from businesses to individuals can invest in their projects and the potential to receive a financial return, while contributing to the UK’s renewable energy output.
Notes to editors:
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About Triodos Renewables Plc.
Triodos Renewables is a UK public limited company, with over 5,800 shareholders.
It works with partners to develop and acquire projects, and invest in innovative companies in the sustainable energy sector. Its portfolio includes fifteen sustainable energy projects (three of which are in construction with a total capacity of 62.3 MW which once operational will be able to produce enough clean, green renewable energy for the equivalent of more than 40,000 homes .
Triodos Renewables has invested in a number of wind farm projects, such as the Haverigg II Wind Farm in Cumbria, a re-powering wind farm project at Caton Moor in Lancashire, a single wind turbine in the Orkneys, and Avonmouth, located on a wastewater plant near Bristol.
Triodos Renewables is the trading name of Triodos Renewables plc., Registered in England & Wales, Registered office: Deanery Road, Bristol, BS1 5AS (registered number 2978651).
Triodos Renewables has acquired a stake in the project, plugging a funding gap and allowing the developer and landowner to continue to participate in the project. The funding package is provided by a combination of Triodos Renewables equity and Santander UK debt finance. Senvion will supply the wind turbines along with a long-term service package. The balance of plant contract has been placed with R G Carter and Statkraft will act as power off taker under a 15-year contract. EcoGen will manage the construction of the project and also provide long-term operations management support.
 Based on the average of 4.17MWh per home, according to DECC (Department of Energy and Climate Change)