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SSE PLC Acquisition of Dunmaglass wind farm project

TIDMSSERNS Number : 9849ESSE PLC17 May 2013Acquisition of Dunmaglass wind farm projectSSE plc has reached agreement with Renewable Energy Systems Group (RES) to acquire the Dunmaglass wind farm project, located near Loch Mhor, 25km south of Inverness.The 33 turbine Dunmaglass project received planning consent in December 2010 and off-site pre-construction works have already begun. SSE expects to begin full construction of the wind farm in late 2013 with an expected project completion date of early 2016. Once constructed, the project will have an installed capacity of 99MW.The total investment in the project is expected to be around GBP200m(1) and is consistent with the scale and composition of SSE's planned investment programme to 2015. The expected completion of the project in early 2016 will ensure that it is able to qualify for support through the ROC (Renewables ObligationCertificate) regime.Met mast data for the project and general area has demonstrated that Dunmaglass will benefi...

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