Seed Portfolio

The Company has acquired a seed portfolio of interests in six wind farms comprising a net capacity of 126.5 MW.  All of these assets are onshore except for Rhyl Flats.

The Company has acquired 50% of Braes of Doune, 100% of Tappaghan, 100% of Carcant and 100% of Bin Mountain from SSE and 41% of Little Cheyne Court and 24.95% of Rhyl Flats from RWE. The UK Green Investment Bank is also acquiring a 24.95% interest in Rhyl Flats.

The day-to-day operations of the wind farm assets in the seed portfolio will continue to be performed by RWE and SSE respectively.