venture capital

Renewables/Energy Transition

Venture capital firm backs roll-out of small community wind-energy schemes

A venture capital firm specialising in investments in innovative, high-growth technology companies is backing the roll-out of small community wind-energy schemes across the Highlands and islands. Scottish Equity Partners (SEP) said yesterday the £9million investment from its Environment Capital Fund into newly formed business Hamsin Wind aimed to deliver single units at about 200 high wind speed locations in the north. Working with development partners Mistral Energy and ABG Corporate Finance, Hamsin has appointed Ayrshire company Kingspan Wind as its turbine supply partner.