BlackRock Real Assets Acquires Tormywheel Wind Project in Scotland, UK from Muirhall Energy

Published: Oct 10 2017
Deal Summary

BlackRock Real Assets, an investment company, through its fund, has acquired Tormywheel onshore wind project situated in Scotland, UK, from Muirhall Energy Ltd, a renewable energy company. The total installed capacity of the plant is 31 MW.

The power plant has been operational since March 2017, and the power generated by the plant will be sold to a French energy supplier under a long-term power purchase agreement. The plant is supported by 20-year green certificates, providing fixed and inflation-linked revenues.

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