Capital Dynamics Acquires 50 Percent Equity Stake in Whiteside Hill Wind Farm
Yesterday Oct. 17th Capital Dynamics announced they had acquired 50 percent equity stake in Whiteside Hill Wind Farm.
Capital Dynamics, an independent global private asset management firm, yesterday announced that its Clean Energy Infrastructure ("CEI") business has signed a definitive agreement to acquire a 50 percent equity stake in Whiteside Hill Wind Farm ("Whiteside Hill") from GE Energy Financial Services, a unit of GE Capital. Whiteside Hill, located in Dumfries and Galloway, Scotland, consists of ten GE 2.85 turbines with a total installed capacity of 28.5 Megawatts (MW).
- Asset management services for Whiteside Hill will be provided by CD Arevon UK, an affiliate of Capital Dynamics, specializing in asset and project management. The firm already manages Capital Dynamics' UK wind and solar portfolio.
- The global Capital Dynamics Clean Energy Infrastructure team is one of the largest investors in clean power generation projects globally, with USD 4.9 billion in AUM and 464 net MW of onshore wind capacity.
For more information see original source here.