SSE sells more of UK's Clyde wind farm to Greencoat and GLIL

SSE has agreed to sell a further 5% stake in the Clyde wind farm in Scotland to Greencoat UK Wind and GLIL Infrastructure for £67.8m ($89.2m).

The utility announced the initial sale of Clyde, equating to 49.9% of the existing 350MW operational wind farm in March, 2016. At the time, it said that when the commercial operation of the 173MW extension began, the equity stake in Clyde jointly owned by Greencoat UK and GLIL would be diluted to 30%, with SSE retaining 70%.