Innagreen Investments has finalised the acquisition of the Dunbeg South Wind Farm near Limavady, Northern Ireland, marking its initial venture into the UK renewable energy sector. The onshore wind project has planning consent for nine turbines, each reaching a maximum tip height of 149.9 metres. Once operational, Dunbeg South is projected to deliver approximately 38.7 megawatts of generation capacity, sufficient to power around 31,000 homes annually.
Despite Innagreen’s entry into the UK market, the transaction ensures continued involvement from the original developer. Under the agreement, RES will provide development and construction management services for Dunbeg South and will also offer technical services once the site is operational. This approach is becoming increasingly common as new owners seek to mitigate risks by engaging firms with local experience and a proven track record on similar projects.
Olly Alexander, CEO of Innagreen Investments, stated, “This acquisition represents a significant milestone for Innagreen as we expand into the UK market, with further acquisitions expected through 2026. Dunbeg South offers strong fundamentals and aligns perfectly with our strategy to invest in high-quality renewable energy projects. Working alongside RES, we are committed to delivering clean energy that benefits local communities and supports Northern Ireland’s renewable energy ambitions.”
Lucy Whitford, UK & Ireland Managing Director at RES, commented, “We’re delighted to partner with Innagreen on Dunbeg South. Their investment reinforces confidence in the UK renewables sector and ensures this project will deliver lasting benefits for consumers, local businesses, and the economy.”
Beyond the current scheme, the project includes potential for further expansion. The Dunbeg South site could be extended with up to four additional turbines to the west, contingent on obtaining new planning consent. If approved, such an extension could enhance overall capacity and improve project economics. However, it would also reintroduce the scheme into a planning environment that remains challenging for renewables projects across the UK and Ireland, particularly concerning local opposition, visual impact, and grid constraints.
Innagreen indicated that the acquisition builds on its existing relationship with RES, referencing previous collaborations in Canada, including the 200MW Bekevar Wind Farm and the 100MW Hilda Wind Farm.
