Muirhall Energy and its partners have announced they are seeking new investors to progress a growing portfolio of renewable energy and storage projects.
The Lanarkshire-based renewable energy developer has constructed more than 140MW of onshore wind capacity, with a further 1.2GW of renewable projects consented or in planning and in excess of 2GW in early-stage development across Scotland, England and Wales.
The company is being supported by KPMG, which will issue an Information Memorandum to potential investors later this month.
Sarah McIntosh, managing director of Muirhall Energy, said: “Our successful track record has led us to engage with the market to identify the right investors to take the company to the next level of growth.
“This is an important and natural step in the growth of our business as we seek to develop our growing pipeline of exciting projects and accelerate the contribution we make to Scotland’s and the UK’s net zero targets.“
McIntosh expects the process to have concluded towards the middle of next year.
“We are still at the early stages of the process and are actively seeking investors that will embrace ‘the Muirhall way’, which has seen us achieve a greater than 95% success rate in the planning process and enjoy fantastic relationships with our community partners.
“Over coming months, we will continue to progress contractual commitments for our industry- leading community investment funds and community shared ownership schemes with community groups close to our proposed projects.”
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