Leading renewable energy and infrastructure consultancy, Natural Power, has provided technical due diligence support to Statkraft for the acquisition of the Irish and UK wind development businesses of the Element Power Group.
The transaction provides Statkraft with a large onshore wind development pipeline in Ireland and strengthens its position in the UK. It is already Europe’s largest producer of renewable energy and has an ambition to grow further within the hydropower, wind and solar sectors.
Natural Power was selected for this project thanks to the team’s understanding of Statkraft’s requirements of the task. It was important for the company that the team was [...]
Leading renewable energy and infrastructure consultancy, Natural Power, has provided technical due diligence support to Greencoat Renewables PLC for the acquisition of Coillte’s shareholding in its portfolio of operating wind generation assets across Ireland.
The acquisition comprises:50% stake in Raheenleagh wind farm in County Wicklow 50% stake in Cloosh Valley wind farm in County Galway, Ireland’s biggest and best performing wind farm 50% stake in Castlepook wind farm in County Cork 25% stake in Sliabh Bawn wind farm in County Roscommon
Marc Lamphiere, Country Director for Natural Power in Ireland, said: “Our involvement as technical due diligence advisor on this [...]
Renewable energy and infrastructure consultancy, Natural Power, has appointed three new team members at its Dublin office. Keara O’ Shea has joined the geotech team as a geographical engineer, Kathryn Oliver has joined as an environmental consultant in the ecology team and Marc McLoughlin has joined as business development manager. The business is also currently recruiting for a further role in its Irish planning team.
Marc Lamphiere, Natural Power’s Country Director in Ireland, said: “We’re delighted to welcome our new team members on board. We are developing a really robust team in Ireland to respond to the market demands and are very well placed to service the entire [...]
Natural Power provided technical due diligence reviews on behalf of Greenbacker Renewable Energy Co. LLC on two recent wind plant acquisitions, Georgia Mountain Wind Farm in Vermont, and Wagner Wind in California.
The independent evaluations included turbine technology reviews, turbine, blade and BOP inspections as well as review of key contracts including PPAs and turbine service agreements, as well as technical assessments of operational performance at both plants. Natural Power’s experts also estimated O&M costs for the course of the respective project life spans.
Charles Wheeler, CEO and CIO at Greenbacker, said: “We trust Natural Power to deliver reliable [...]