Ventient Energy Ltd., which claims to be the U.K.’s third largest generator of onshore wind energy and the largest non-utility owner of onshore wind, was officially launched today.
The company was formed by combining the Zephyr portfolio of 15 wind farms with 19 wind farms that were formerly owned by Infinis; the entire portfolio is now owned by institutional investors advised by JP Morgan Asset Management. With 34 wind farms comprising 507 turbines and 690 MW of installed capacity, Ventient Energy supplies the equivalent of 420,000 homes annually.
Today’s announcement follows the completion of a restructuring that moved Zephyr Investments Ltd. and associated wind farms to the newly formed Ventient Energy. As a result of these changes, asset management services previously undertaken by Innogy Renewable U.K. Ltd. from their base in Swindon, England, on behalf of Zephyr Investments are now performed by Ventient Energy’s team from its new headquarters in Edinburgh, Scotland.
Approximately two-thirds of Ventient Energy’s power is generated in Scotland, the company notes. Ventient Energy says it has created 22 new jobs in the past six months and now employs a total of 44. Thirty-one are based in Edinburgh, and 13 are employed regionally throughout the U.K. on wind farm management.
“We are excited to introduce Ventient Energy, now a major player in onshore wind energy,” states CEO Scott Mackenzie.
