22/03/2011 - Press Release: 'Small is beautiful' for onshore wind farm investors
THE “abandonment” of onshore wind by the UK’s big six energy companies represents a golden opportunity for private investors, an expert says.
Richard Crosbie Dawson, managing director of renewables investment specialist FIM Services (FIM), believes the main utility companies such as Centrica, E.ON, RWE nPower, EDF, Scottish Power and Scottish & Southern Energy are now focusing on developing offshore wind farms – opening up onshore investment.
He said: “The abandonment by the big utilities of onshore in favour of offshore wind means there is a major investment opportunity in onshore wind farms in the 10MW to 25MW range.
“There are now fewer players in the market for these smaller facilities, and the planning system is becoming less burdensome so more are coming online all the time.
“Potential investors should be in no doubt that it is smaller onshore wind farms that will provide the best return on their money over the next decade.”
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