Muirhall Energy, the Lanarkshire-based renewable energy developer, and its partners have announced they are seeking new investors to build on the company’s success and progress their growing portfolio of renewable energy and storage projects. 

The company has constructed more than 140MW of onshore wind capacity, with a further 1.2GW of renewable projects consented or in planning and in excess of 2GW in early-stage development across Scotland, England and Wales. 

Sarah McIntosh, Managing Director of Muirhall Energy, said:
“Our successful track record has led us to engage with the market to identify the right investors to take the company to the next level of growth. 

“This is an important and natural step in the growth of our business as we seek to develop our growing pipeline of exciting projects, and accelerate the contribution we make to Scotland’s and the UK’s net zero targets. 

“We are still at the early stages of the process, and are actively seeking investors that will embrace ‘the Muirhall way’, which has seen us achieve a greater than 95% success rate in the planning process and enjoy fantastic relationships with our community partners. 

“Over coming months, we will continue to progress contractual commitments for our industry-leading Community Investment Funds and Community Shared Ownership Schemes with community groups close to our proposed projects. 

“We are extremely proud of everything that we are delivering at Muirhall Energy and are looking forward to the next stage in our development. 

“We will keep our stakeholders updated throughout this process, which we expect will conclude towards the middle of 2023.” 

The company is being supported by advisers KPMG, who will issue an Information Memorandum to potential investors later this month. 

KeyFacts Renewable Energy Directory: Muirhall Energy