PfR to construct Crook Hill Wind farm for shareholder, InfraRed Capital Partners
Global infrastructure investment specialists InfraRed Capital Partners has enlisted Partnerships for Renewables (PfR) to construct its recently acquired Crook Hill Wind Farm development, a 36MW project on land north of Rochdale, East Lancashire.
PfR is a renewable energy developer that primarily works in partnership with public bodies such as Forestry Commission Scotland and the Ministry of Justice. It was established in 2007 and now has a portfolio of onshore wind projects throughout the UK, several of which are operational or under construction with many more at various stages of development.
PfR will start construction work on Crook Hill in spring 2014 with the wind farm due to be completed and generating power in early 2015.
Commenting on PfR’s appointment to Crook Hill, PfR’s Construction and Operations Director Simon Vince, said:
“We are delighted with PfR’s appointment to develop Crook Hill Wind Farm on behalf of InfraRed. Construction and management of consented projects on behalf of others is a new and exciting addition to our business and I hope this will be the first of many. We look forward to delivering Crook Hill to the highest standards of safety and quality, to the agreed budget and on programme with minimal effects on the local community.”
James Hall Smith of InfraRed, said:
“We are pleased to add Crook Hill to our portfolio of UK environmental infrastructure assets. We look forward to working with PfR on this project, given their strong credentials in this area.”
For further information please contact John Mills of PfR on 020 30088359.
NOTES TO EDITORS
About Partnerships for Renewables Limited
Partnerships for Renewables Limited is a renewable energy developer set up in 2007. The company’s first project to be developed and consented is constructed at HMP Standford Hill on the Isle of Sheppey in Kent, which was commissioned in January 2013, another consented project with Caerphilly Council on a reclaimed coal tip recently started construction and is due to be commissioned later this year. PfR currently has over 150MW of onshore wind capacity in planning.
Partnerships for Renewables is owned by Carbon Trust Enterprises, the InfraRed Environmental Infrastructure Fund and OPTrust Private Markets Group.
About InfraRed Capital Partners Limited
InfraRed is an independent investment firm specialising in the infrastructure and real estate asset classes. It invests in projects seeking to add value through active management. InfraRed manages in excess of $6bn of equity capital in specialist funds that invest into real estate and infrastructure assets which InfraRed develops and operates across the globe. Its 100 staff are deployed across offices in London, Hong Kong, New York, Paris and Sydney. Following the completion of a spin-out from HSBC in April 2011 the business is owned by its management team.
InfraRed has been actively participating in environmental infrastructure since 2006, expanding its long-standing presence in the mainstream infrastructure market. Crook Hill Wind Farm is one of the investments made by the Environmental Infrastructure team.
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