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ITALIAN oil giant Eni is set to enter the bidding for windfarm acreage off Scotland as deadline day approaches in a licensing round that has generated huge interest around the world. The Rome-based major said it has teamed up with a Chinese-owned windfarm specialist, Red Rock Power, as they prepare to make a joint bid in the ScotWind leasing round. The announcement will stoke excitement about the potential for ScotWind to pave the way for huge investment off Scotland and to generate big sums for the government. With the July 16 deadline for applications looming, the indications are that the round may fulfil the high expectations of officials about what it could achieve. ....
The Braes of Doune windfarm near Stirling Picture: Greencoat UK Wind THE appeal of windfarms in Scotland has been underlined by deals worth around £100 million in total involving investors based outside the country. London-based Greencoat UK Wind and Chinese-owned Red Rock Power have increased their exposure to Scotland through acquisitions involving three windfarms in total. Greencoat has clinched deals to buy stakes in the Braes of Doune windfarm near Stirling and the Kype Muir Extension project in South Lanarkshire, for an initial outlay of £100m in total. Red Rock Power has acquired the Benbrack onshore windfarm development in Dumfries and Galloway for an undisclosed sum. ....