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Skanska plans £500M wind farm development with new joint venture

Skanska has teamed up with green energy supplier Ecotricity to create a joint venture aimed at developing UK wind farms, called Skylark.

The firms are targeting £500M-worth of new wind projects in the first five years of operation. This would create 350MW of power capacity, enough to supply 200,000 homes.

“Ecotricity was 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,” said Ecotricity founder Dale Vince.

“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 and Ecotricity said that three development sites have already been identified for Skylark’s first round of investment, representing 100MW of generation capacity that could come online by 2018.

Skanska Infrastructure Development executive vice president, Steve Cooper, said: “Wherever we work, we strive to push forward the green agenda in construction and infrastructure development,” he said.

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