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Skanska sets up wind farm business

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Skanska has set up a joint venture, called Skylark, with green energy company Ecotricity to build wind farms in the UK.

Skylark has a target of putting 350MW of new green energy projects into the planning system in its first five years, which would represent a potential investment of £500m should the projects be consented. 350MW is enough to supply 200,000 homes.

Three development sites have already been identified for Skylark’s first round of investment, representing around 100MW of generating capacity, with the target of delivering energy by 2018.

Ecotricity founder Dale Vince said: “Ecotricity were the world’s first green electricity company, while Skanska aims to be the greenest construction company in the world – our shared pursuit of sustainability and our complementary skill sets creates a strong partnership.

“Ecotricity will use its expertise in green energy development to design wind parks and gain planning consents, while Skanska will use their expertise in construction to build them. It’s a simple partnership that will help to bring energy independence to Britain using green energy made in Britain.”

Skanska Infrastructure Development executive vice president Steve Cooper said that, at his company, “we strive to push forward the green agenda in construction and infrastructure development”.

 

 

The Construction Index UK News

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