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Handful of US suitors vying for SWS's wind farm assets
September 24, 2009 by Joe Brennan in Independent.ie
September 24, 2009 by Joe Brennan in Independent.ie
A handful of US infrastructure funds are understood to be in the final shake-out to buy wind farm assets being sold by SWS, the Cork-based energy and business services group.
The potential suitors are vying to acquire SWS's 180 megawatts of operating wind farm assets around the island of Ireland.
Bidding for these assets is believed to be running north of €400m, including the assumption of debt attached to the projects.
Also filed under [
UK]
A second public inquiry into the proposed Den Brook wind farm gets under way on Thursday.
It is understood the outcome could affect the future of wind farms across the UK. ...The crux of the campaigners' case is that data supplied by RES shows the company has significantly underestimated the effect of atmospheric conditions on the levels of noise likely to be produced. The group is also making submissions on the landscape.
Also filed under [
UK]
A dispute over an alleged agreement for a €135 million wind farm in Co Cork has come before the Commercial Court.
Denis Cremins claims SWS Energy Ltd is in breach of a joint venture agreement (JVA) with him for the construction of a 29-turbine wind farm at Knockacummer, and is seeking orders restraining the development unless all conditions attached to it are fully complied with.
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