Acquisition of White Lodge Farm Wind Turbine
10 Sep 2019Broadview Energy is pleased to announce that Eolian Three Limited has completed the acquisition of another EWT Feed in Tariff project.
On 28th August 2019, Eolian Three Limited acquired its second EWT Feed in Tariff project, the 500 kW White Lodge Farm wind turbine, located in Walgrave, Northamptonshire. The site, owned by Caroline Louise Farms Limited, went into operation in March 2015. Broadview Energy will be managing the operational aspects of the site on behalf of Eolian Three Limited.
Jeffrey Corrigan, Managing Director, Broadview Energy, said “This is a high quality asset and we are pleased that our funding and project structuring allowed us to offer a valuation that proved attractive to the project’s vendor.”
White Lodge Farm wind turbine is Eoilan Three’s sixth acquisition since its inception in October 2017.
Notes to editors:
About Eolian Three
Eolian Three was established by Broadview Energy in October 2017 to invest in attractive small-scale renewable energy opportunities. In addition to Broadview, it currently has four shareholders all of whom have experience in the industry. Following the White Lodge Farm acquisition, the Eolian Three portfolio consists of six Feed in Tariff wind farm projects totalling an installed capacity of 5.9MW.
Broadview Energy was established in 2006 and has successfully developed, financed, constructed and managed several renewable energy projects throughout the United Kingdom. It provides management services to Eolian Three as well as other investment funds.
More information on the White Lodge Farm project and Eolian funds can be obtained via Broadview Energy’s website http://broadviewenergy.com/.
For media enquiries, please contact:
Marcus Price Hafslund at Broadview Energy Limited (marcus@broadviewenergy.com / 020 7268 9911).