An exciting wind farm investment is coming to the market for part of the Enoch Hill Wind Farm southwest of Glasgow.
A parcel of land is being offered for sale at Bank and Afton, with detailed planning permission for the erection of four 4.8MW wind turbines, and will form part of the 16-turbine Enoch Hill Wind Farm.
The 174.46 hectares (431.10 acres) of upland grazing land rises to 477m above sea level around Benty Cowan Hill, bounded to the south by mature woodland. The site is about four miles southwest of New Cumnock and seven miles east of Dalmellington in Ayrshire, with Glasgow 45 miles to the northeast.
The land is marketed by the independent property adviser Galbraith subject to a 32-year lease from 1 March 2023 to 28 February 2055 in favour of the major renewable energy developer RWE Renewables UK Onshore Wind Limited.
There is a minimum rent for the 19.2MW installed on Bank and Afton as at January 2025 of just over £160,000 per annum but with potential additional top up rent payments from a variable income rent of 6% and 8% depending on the average annual turnover price.
Construction of the wind farm began in June 2023, with 3km of road infrastructure leading from the B741, and is expected to be completed in 2025.
Mike Reid, Head of Energy and Utilities at Galbraith, said: “This is one of the finest wind farm sites in the UK, with full development well underway, and a remarkable opportunity for a suitable investor or investors to participate in the renewable energy transition.
“Demand for green electricity generated in Scotland is increasing, encouraged by regulatory changes. I highly recommend those interested to contact us for a viewing appointment.”
Read the latest on energy, renewable energy, utility, telecoms and rural affairs in the latest issue of Galbraith’s Energy Matters.