The Pitnacree plant, located on the Pitnacree Estate near Pitlochry, has been operational since December 2015. It has an installed capacity of 300kW and operates with 82% efficiency at a maximum flow rate of 236 liters per second. The plant plays a key role in the region’s renewable energy infrastructure.
Alan Mathewson, Director of Koehler Renewable Energy UK, commented on the acquisition: “With this acquisition of the Pitnacree hydropower plant, we’re continuing on our growth trajectory in the area of renewable energy. The acquisition is not just boosting our portfolio in Scotland, but is also clearly in line with our goal of making an important contribution to a sustainable and carbon-neutral future.”
This is the latest in a series of investments by Koehler Renewable Energy in the UK. Earlier this year, the company acquired six other hydropower plants in Scotland, demonstrating its commitment to increasing renewable energy production.
The acquisition aligns with Koehler’s “2030 Koehler Promise,” which aims for the company to generate more renewable energy than it consumes in its paper production operations by 2030. Nicolas Christoph, Head of Wind Power, Solar, Hydro & Business Development at Koehler Renewable Energy, emphasized the company’s mission: “We’re proud of making a positive change in the industry with our investments in hydropower and other renewable energy sources while simultaneously securing a stable and environmentally friendly energy future for the Koehler Group.”