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Capital Dynamics secures £48.5m funding for Scottish onshore wind projects

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Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity.  The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast Pensions Partnership, the UK’s largest Local Government Pension Scheme pool.  This investment marks Border to Coast’s initial venture in its UK Opportunities portfolio, focused on financing essential infrastructure to support the UK’s renewable energy goals. Capital Dynamics’…

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Swedish firm OX2 buys 1GW onshore wind project in Australia

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Renewable energy developer OX2 has acquired its first onshore wind project in Western Australia, with a planned capacity of 1GW. Located north of Perth, the project is in the early development stages and will include a 100MW battery energy storage system. The acquisition involves collaboration with 20 landowners, and the original developers will continue to oversee the approval process alongside OX2. This acquisition is part of OX2’s strategy to expand its renewable energy portfolio in…