wind farms

Investigation finds Australian bank Macquarie could be poised to asset strip UK Green Investment Bank

Last edited 10 January 2017 at 12:08pm
10 January, 2017
  1. Evidence uncovered of potential preparation for ‘asset stripping’ of GIB will add to concern around the deal from former ministers Greg Barker and Vince Cable and business figures such as Richard Branson.
  2. Macquarie preferred bidder despite track record of UK ‘asset stripping’ activity linked to other UK infrastructure acquisitions including M6 and Thames Water. 
  3. Green groups add voice to calls on Government for sale to Macquarie to be stopped.

An investigation has uncovered a process within the Green Investment Bank (GIB) establishing corporate structures commonly used in preparations for ‘asset-stripping’, ahead of its purchase by controversial Australian bank Macquarie from the UK Government for an estimated £2bn. 

Article tagged as: energy, green investment bank, industrial strategy, wind energy, wind farms, wind power

#Energygate: What we found and why it matters

Posted by petespeller — 14 November 2012 at 3:44pm - Comments

Today we’ve exposed explosive evidence of the lengths to which some Conservative Party MPs will go to sabotage progress on climate change. We’ve uncovered a plot to dismantle the Climate Change Act and one Tory MP involved in trying to manipulate a by-election to push his own anti-wind agenda.

Article tagged as: energy, energy bill, energygate, george osborne, john hayes, wind farms, wind power

Last edited 1 January 1970 at 1:00am
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Turbines are go! British wind power hits record levels

Posted by jossc — 8 September 2010 at 4:55pm - Comments

Great news - Britain's wind farms generated record levels of power on Monday, providing 5 per cent of all power supplied to the National Grid over the course of the day.

The Grid confirmed that 40.5GWh out of a total 809.5GWh was provided by wind farms over the 24-hour period, with wind output peaking at 1,860 megawatts at 8.30pm.

A National Grid spokesperson said that, including direct output from turbines not conected to the grid, "about 10 per cent of total electricity demand would have been met by wind power. It is a pretty big landmark for the industry."

Article tagged as: climate change, energy, offshore wind, wind farms, wind power

Hip, hip, array! World's largest wind farm given go-ahead

Posted by jossc — 12 May 2009 at 4:09pm - Comments

Ok, ok, I know there've been some unflattering things said about E.ON on these pages in the recent past, but that's just us trying to helpfully point them away from their dependence on dirty fuels towards the sunlit uplands of clean, green energy sources. And it doesn't mean that we can't praise them when they get something right, as they've done today in announcing the start of work on the long delayed London Array.

Article tagged as: eon, london array, offshore wind, renewables obligation, wind farms

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