Boralex Secures Approval for Clashindarroch Wind Farm Extension, Adding 189 MW Capacity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Source: Globenewswire
- Project Expansion: Boralex has received approval from Scottish Ministers for the Clashindarroch Wind Farm Extension, which will include up to 21 wind turbines and a 50-megawatt battery storage facility, contributing 189 MW to Scotland's renewable energy targets and further solidifying its leadership position in the UK market.
- Economic Investment: The project is expected to have a significant economic impact, with the Limekiln Wind Farm construction expenditure reaching £29.5 million, of which £8.4 million was spent locally, demonstrating Boralex's commitment to long-term investment in Scotland.
- Community Benefits: The project will establish a community fund of up to £693,000 per year, supporting local initiatives and providing energy bill support of £1,849 annually for households within 5 km of the turbines, reflecting Boralex's sense of responsibility towards the community.
- Environmental Management: The extension project has been carefully designed following extensive environmental and landscape studies, covering approximately 882 hectares of upland, ensuring that it meets renewable energy demands while enhancing biodiversity, showcasing the strategic significance of sustainable development.
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About BLX
Banco Latinoamericano de Comercio Exterior, S.A. (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank's Commercial segment incorporates all of the Bank's financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits. The Bank's Treasury segment incorporates deposits in banks and all of the Bank's trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds. The Bank serves a range of sectors, including oil and gas, agribusiness, food processing and manufacturing. Its products and services are categorized into three main areas: Financial Intermediation Business, Structuring and Syndications Business and Treasury.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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