Innagreen Investments has completed the acquisition of the Dunbeg South Wind Farm near Limavady, Northern Ireland, in what it says is its first investment in the UK renewable energy market.
The onshore wind project has planning consent for nine turbines, each with a maximum tip height of 149.9m. Once operational, Dunbeg South is expected to deliver around 38.7MW of generation, which Innagreen says is enough to power approximately 31,000 homes annually.
While the deal marks a clear entry point for Innagreen into the UK, the transaction also keeps the original developer closely involved. Under the agreement, RES will continue to provide development and construction management for Dunbeg South, and will also deliver technical services once the site becomes operational.
That approach is increasingly common as new owners look to de-risk delivery by retaining firms with local experience and an established track record on similar projects.
Olly Alexander, CEO of Innagreen Investments, noted, “This acquisition represents a significant milestone for Innagreen as we expand into the UK market, with further acquisitions expected through 2026. Dunbeg South offers strong fundamentals and aligns perfectly with our strategy to invest in high-quality renewable energy projects. Working alongside RES, we are committed to delivering clean energy that benefits local communities and supports Northern Ireland’s renewable energy ambitions.”
Lucy Whitford, UK & Ireland Managing Director at RES, added, “We’re delighted to partner with Innagreen on Dunbeg South. Their investment reinforces confidence in the UK renewables sector and ensures this project will deliver lasting benefits for consumers, local businesses, and the economy.”
Beyond the consented scheme, the project has further optionality if the developer and new owner choose to pursue it. The Dunbeg South site has potential to be extended through the addition of up to four turbines to the west, although that would require a fresh round of planning consent.
If approved, that kind of extension could lift overall capacity and improve project economics, but it would also place the scheme back into a planning environment that remains challenging for renewables projects across the UK and Ireland, particularly where local opposition, visual impact, and grid constraints come into play.
Innagreen said the acquisition builds on its existing relationship with RES, citing previous collaborations in Canada including the 200MW Bekevar Wind Farm and the 100MW Hilda Wind Farm.
