Simple Power is bought over by Foresight Group

By Julian O'Neill
BBC News NI Business Correspondent

  • Published
Wind turbineImage source, PA

Northern Ireland's biggest operator of single wind turbines, Simple Power, has been bought over for an undisclosed price.

Part-owned by construction firm Heron Bros, it has built-up a portfolio of 52 turbines on farms since 2010.

The buyer is the Foresight Group, a UK infrastructure and private equity investment manager.

The wind turbines are fully operational and have "shown strong performance to date".

Foresight said they have a combined output "in excess of 12MW".

Over the past five years, Foresight has overseen £200m worth of investment in the Northern Ireland renewable energy sector, including anaerobic digestion plants.

James Taggart, investment manager of Foresight Group said: "Simple Power's wind portfolio is a fantastic acquisition.

"We look forward to working with its management team to continue its success."