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Gloucester investors buy Aberdeenshire windfarms


Blackfinch Energy has acquired two onshore developments in rural Aberdeenshire for an undisclosed sum.
Gloucester-based Blackfinch said the acquisition reflected its ambitious growth plans. The company is one of a number that see good opportunities in wind. It has five other windfarms in Scotland.
Investors have been attracted by the potential to generate attractive returns on investments in windfarms. These can be under-pinned by subsidies that effectively guarantee a minimum price for the output sold.
However, the deal also appears to reflect confidence in the commercial prospects of windfarms that don’t benefit from subsidies.
Blackfinch, said one of the Scottish windfarm projects acquired will feature its first subsidy-free onshore wind development. ....

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