A major wind farm project in Wales has been acquired. The 25MW Upper Ogmore Wind Farm and energy storage project in Bridgend has been bought by Japanese global trading and investment company, Marubeni.
The wind farm, located near Blaengarw and Nant-y-Moel, has been acquired from independent renewable energy firm RES. Welsh Ministers approved the scheme in 2022 which was the first onshore wind project to be considered under the Developments of National Significance planning process.
RES, which has developed five onshore wind farms in Wales since the 1990s, had been progressing proposals for the seven-turbine wind farm and energy storage project since 2017 from its Cardiff office.
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John Boyce, development director for wind in the UK and Ireland, said: “We’re really pleased to partner with Marubeni to help deliver Upper Ogmore, a project that will produce clean, secure electricity for thousands of homes.
“This month the world experienced its three hottest days on record and it is projects like Upper Ogmore that will deliver the practical solutions to climate change, while simultaneously creating cheap electricity and investing millions in the Welsh economy.”
President and chief executive of Marubeni Europower Tomoki Nishino said: “RES has a long and proud history of developing, constructing and operating renewable energy projects in the UK, as well as around the globe. That knowledge and experience is invaluable, so we know RES has developed a good project in Wales.
“Marubeni plans to sign an MoU with the UK government which envisages approximately £10 billion of investment in the UK with its partners over the next 10 years. This project would be one of the forefront projects to realise our ambition.”
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