GDF pulls Beinn Mhor from CfD race

The Isle of Lewis

The Isle of Lewis

GDF Suez-backed International Power has withdrawn its 140MW Beinn Mhor onshore wind project from the running for an early Contract for Difference (CfD), due to ongoing delays to the proposed interconnector running to Scotland’s Isle of Lewis.

The withdrawal potentially opens the door to other projects taking the early CfD budget that may have been allocated to Beinn Mhor.

Having originally named 16 renewables projects eligible for an early CfD, the UK in December said that just 10 of those were considered “provisionally affordable” and thus likely to win a contract.

Having an early CfD in hand may help developers secure financing for their projects.

Of the 10 projects deemed provisionally affordable, Beinn Mhor was the only one in Scotland – eliciting howls of protest from Edinburgh.

Three important Scottish offshore wind projects – Neart na Log in to read complete article.

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