Sale of Broken Cross Wind Farm
Brockwell Energy are pleased to announce the sale of Broken Cross Wind Farm Limited to BayWa r.e., a global renewable energy developer, service provider and distributor. The Broken Cross wind scheme is a ten turbine, 48MW project located on a former coal mining site next to Coalburn in South Lanarkshire, close the 45MW Dalquhandy scheme that Brockwell developed and sold to BayWa r.e. in May 2020.
The sale follows an extensive re-design of the project to increase tip-heights to allow it to be deliverable without subsidy.
The Broken Cross site itself has been through an impressive transformation under Hargreaves’ ownership. Previously a coal mine, Hargreaves purchased the land from the liquidators of Scottish Coal in 2013 in a derelict state with significant restoration challenges. Working with South Lanarkshire Council, over the last eight years, Hargreaves have developed and delivered a site wide restoration scheme paving the way for the wind scheme and other industrial and agricultural uses.
Brockwell remains committed to the development of onshore wind capacity and the sale will enable the Company to further step up its project development and site finding activity.
Alex Lambie, Chief Executive of Brockwell Energy: “We are delighted to complete a second transaction with BayWa r.e. that highlights the quality and value of the project we have developed at Broken Cross. The transaction proceeds will be reinvested to further expand our development activities at other sites and projects as we strive to deliver more projects to help achieve climate change goals. It has been a pleasure to work with BayWa r.e.on these transactions and I know they share our culture and values and will treat surrounding communities with respect and will build out the project with care and attention to all local stakeholders. We will continue to be available to provide any support required to successfully deliver the project and see this formerly derelict mine site put into use that benefits all.”
Gordon MacDougall, Managing Director, BayWa r.e. UK and Ireland: “Broken Cross is another high quality project delivered by Brockwell Energy. We’re thrilled to add this new project to our growing UK portfolio of renewable energy generation sites and to continue to build on the impressive land restoration that has taken place here. We look forward to starting on site, alongside our growing portfolio in Scotland and the UK as a whole. The opportunity for wind energy generation here is expanding, and we’re excited to be part this, helping local communities to also benefit from the opportunity.”