Innagreen Investments has acquired the Dunbeg South onshore wind project in Northern Ireland from Renewable Energy Systems (RES). UK filings indicate the transaction took effect on 31-Oct-2025, with control transferring to Dunbeg South Holdings, an Innagreen-controlled entity.

The key feature of this deal is the structure, not the megawatts. RES exits ownership yet remains contracted for development, construction management, and long-term technical services. Control shifts; execution responsibility stays anchored to the seller.

Dunbeg South is a nine-turbine project with 38.7 MW planned capacity and a maximum turbine height of 149.9 metres. Planning consent was secured in Dec-2020 from Causeway Coast and Glens Borough Council, giving the buyer a permitted base case rather than a speculative pipeline.

Commercially, this is an execution-risk hedge. Innagreen takes sponsor exposure and long-term value, while keeping delivery tied to the party that knows the site and has been driving it through milestones. In today’s UK onshore market, that is often what clears investment committee.

The signal is simple: capital will buy UK wind pre-COD, but it increasingly prefers acquisitions where the developer stays on the hook for delivery, not just the paperwork.

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