Resonance announces the completion of two further wind farm investments out of its second wind fund: Resonance British Wind Energy Income II Limited (the “Fund”). Both assets have an exporting capacity of 500kW each having been de-rated from 800kW to benefit from higher FiTs tariff.
The two wind farms are Wrae Farm and Little Whiterashes Farm and are located in Aberdeenshire. Both assets utilise single Enercon turbines and benefit from 15-year operations and maintenance agreements (EPKs). The £100m Fund still has a further £25m to invest in ROC and FiT onshore wind farms in the UK and is actively pursuing further investment opportunities.