SEP invests in Hamsin Wind
Scottish Equity Partners (SEP) has completed its first clean energy infrastructure investment from the Environmental Capital Fund. SEP will invest up to £9 million in Hamsin Wind (Hamsin) to fund the roll-out of approximately 200 small, community based, single onshore wind turbines in high wind speed locations across the Highlands and Islands.
Working with development partners, Mistral Energy and ABG, Hamsin has engaged Kingspan Wind as the turbine supply partner, with Hadrian Electrical Engineering the installation and long-term operations and maintenance partner. Many of the Kingspan turbines are manufactured in Scotland and local contractors will be utilised on Hamsin turbine installations.
The novel infrastructure project will give farmers and landowners the opportunity to install small single wind turbines on their properties and in turn to benefit from discounted power charges for 20 years and beyond. Measuring no more than 20 metres high, the turbines are sympathetic with rural landscapes, grid connected, easy to erect and subject to a straightforward planning process.
The scheme could be replicated at other high wind speed areas across the country, both on residential and commercial sites and further suitable locations are actively being sought. The first turbines will be operational in Orkney by the end of this month.
Peter Bachmann, Director at SEP said:
“Hamsin marks an exciting initial investment for SEP’s infrastructure fund. We are looking forward to working with local landowners to ensure a successful roll-out of small wind turbines at a significant number of sites across rural Scotland. Hamsin will help remote communities benefit from their local wind resource to generate green, low cost power. In some areas, it will play a key role in helping tackle fuel poverty. Hamsin is the first of several small-scale clean energy infrastructure investment opportunities being progressed by SEP.”