Velocita finances and builds utility-scale wind energy projects across Europe.
Our strategy is to develop and build projects that we have either developed in-house, or developed in close cooperation with local partners.
We aim to finance the development and construction of our projects through a prudent mix of our own equity resources and project debt, arranged through our strong relationships with key commercial lenders.
The Maerdy wind farm in Wales, 24 MW. This wind farm was sold to Greencoat in June 2014. For further information please visit www.maerdywindfarm.co.uk.
The AOE wind farm in Scotland, 12 MW. This wind farm was sold to NTR in September 2016.
The Monts du Lomont Phase 1 wind farm in France, 14MW. This project was sold to Envision Energy in November 2016.
Under construction in 2016
Vaite wind farm, Franche-Comté, France, 39MW. The construction team of Velocita Energies Services will continue to lead the construction of the project on Velocita’s behalf until the project is fully commissioned.
Rougemont wind farm sites 1 & 2, Franche-Comté, France, 81MW. The construction team of Velocita Energies Services will continue to lead the construction of the project on Velocita’s behalf until the project is fully commissioned.
Airies wind farm, Dumfries & Galloway, Scotland, 35.4MW. This project was sold to NTR in September 2016. 2020 Renewables continues to manage the construction phase of the project.
The Group’s UK portfolio consists of wind energy projects from advanced development-stage to ready to build assets, totalling 431 MW, in addition to a ready-to-built pumped-storage asset of up to 400MW.
The Group’s French portfolio consists of a small number of projects in development-stage and 3 projects under construction.
Our objective is to be a leading independent European developer, owner and operator of onshore wind projects. To achieve this, we are committed to dealing with our projects, partners and other stakeholder groups with transparency, efficiency and integrity. We also comply fully with the Equator principles of sustainable business and ethical conduct.
We have a strong tradition of working together with local partners and developers as evidenced by our current development pipeline. We are keen to explore relationships with new partners and to combine high quality pipelines with our skills in development and also in financing, construction and operation of wind projects.
Our in-house team has the experience and resources to efficiently evaluate a wind project for technical, commercial and environmental feasibility and attractiveness. This comprehensive analysis addresses the technical integrity of the project, the likely timescale to fully permitted status (and to connection to the local and national grid, if appropriate), and the financial viability of both the project and the operating wind farm.
Our major stakeholder is a renewable energy investment fund managed by Riverstone Holdings LLC, an energy and power-focused investment firm. More can be found out about Riverstone by visiting www.riverstonellc.com.
In July 2012 Velocita merged its UK business with 2020 Renewables, a Scottish developer and constructor of wind farms, specialising in the consenting, construction and operation of renewables projects. With its extensive sector experience, the 2020 team brings to the Velocita group the capability to deliver every aspect of a UK project. For further information please visit www.2020renewables.com.