Munich Re buys Scout Moor from Peel and Hg Capital
14th August 2012
PEEL Energy and its joint venture partner HgCapital, have sold the Scout Moor wind farm in Lancashire.Scout Moor, located on the hills behind Rochdale and producing 65MW of electricity, has been bought by a unit of Munich Re, the German financial services group.The wind farm is currently one of the biggest onshore wind projects in the country with 26 turbines. Last year Peel and Hg announced consultation plans to expand the number of turbines on the site.No financial terms were revealed, but the deal was announced as Hg Capital sa......for the full story register now for free or login below...
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