- Onshore wind farm locks in route to market for total 67.1MW capacity
- Award central to mitigating financial risk on project
Red Rock Renewables owned Benbrack Onshore Wind Farm has successfully secured a Contract for Difference (CfD) award for 36MW capacity in the 6th Allocation Round (AR6) announced today. Combined with the wind farm’s AR5 award last year, this guarantees Benbrack’s long-term revenue stream for 100 per cent of its annual generation over the first 15 years of operations.
Benbrack Project Director, David Fielding, said: “Securing a route to market for the remainder of Benbrack’s capacity, and in turn mitigating financial risk, has been a key priority this year. Increasingly difficult market conditions have proved challenging over the last two years however, we’re encouraged by the Government’s ongoing commitment to renewables and recognition of onshore wind power’s valuable contribution to the UK’s net zero transition.”
Red Rock, along with WTG contractor Vestas, is set to commence the second phase of turbine installation in October. Construction is expected to complete before end of the year, ahead of Commercial Operation Date in Summer 2025.
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