Deal in Sweden
Red Rock Power unveils first overseas venture
Afton in Ayrshire is one of the firm’s projects
Red Rock Power, the Edinburgh-based subsidiary of SDIC Power Holdings in Beijing, has unveiled its first deal outside the UK.
It has acquired Green Investment Group’s 50% equity share of the Överturingen onshore wind farm in central Sweden.
Red Rock Power will partner CapMan Infra, a Nordic infrastructure manager.
The 56-turbine 240.8 MW wind farm reached commercial operation earlier this month. It marks a key milestone for Red Rock as it hopes to accelerate expansion into the wider European market.