Business

Aberdeen-based Parkmead oil and gas firm buys windfarm

ABERDEEN-based Parkmead Group has acquired a windfarm under plans to build a balanced energy business.

The company announced that it bought the Kempstone Hill windfarm in Aberdeenshire in a deal worth around £4m.

It said the windfarm provides power for up to 1,000 homes and generated around £0.2m underlying profit in the latest financial year.

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