06 Jan 2017 – Equitix, an infrastructure-focused asset management firm, has been selected by Energiekontor [ETR:EKT] as the preferred bidder for its Gayton le Marsh onshore wind farm, two sources briefed on the situation said.
The transaction is set to be announced in the next few weeks, the first source said.
The 16.4 MW UK onshore wind farm is expected to fetch around GBP 45m, the second source added.
In October, Mergermarket broke the news that Energiekontor had launched the sale of Gayton le Marsh. The German company did not hire financial advisers for the deal.
Gayton le Marsh was commissioned in January 2016. It is eligible for Renewables Obligation (RO) subsidies, and also has a 15-year power purchasing agreement (PPA), as reported. It is located in Lincolnshire and comprises eight wind turbines.
Equitix and Energiekontor did not respond to requests for comment.
by Katie McQue