Deals Counterparts

Red Rock Renewables secures £62 million financing for Benbrack Onshore Wind Farm

Financing Onshore Wind announced United Kingdom Mar 9, 2026
GBP62M
Deal Value
67.1 MW
Capacity
Benbrack Onshore Wind Farm
Project

Red Rock Renewables reached financial close on a £62 million financing for its 67.1 MW Benbrack Onshore Wind Farm.

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Deal Analysis

Edinburgh-based Red Rock Renewables just locked in £62 million for its 67.1 MW Benbrack Onshore Wind Farm in Dumfries & Galloway. The financing package drew a significant syndicate of lenders, notably including global players HSBC and China Construction Bank alongside Lloyds. HSBC, aiming to be the most trusted bank globally, partnered with China Construction Bank, one of China's 'Big Four' state-owned banks boasting over $5 trillion in assets. This multi-bank backing for Red Rock's UK onshore wind project shows continued strong appetite for established renewable assets.
  • £62M financing secured for the 67.1 MW Benbrack Onshore Wind Farm.
  • China Construction Bank, a 'Big Four' Chinese state-owned bank with over $5 trillion in assets, joined the lender group.
  • HSBC, aiming to be the most trusted bank globally, participated in the financing.
  • Red Rock Renewables, an Edinburgh-based developer, secured funding for a UK project.

Source Intelligence

KEY DETAILS

Lloyds, HSBC, and China Construction Bank each providing equal shares of the project debt. Quote: "with Lloyds, HSBC, and China Construction Bank each providing equal shares of the project debt."

Deal Size
£62 million financing
Location
Benbrack Onshore Wind Farm in Dumfries & Galloway
Financials
£62 million financing for its Benbrack Onshore Wind Farm in Dumfries & Galloway, with Lloyds, HSBC, and China Construction Bank each providing equal shares of the project debt.
Announcement
9 March 2026
PARTIES MENTIONED IN SOURCE
R
Red Rock Renewables developer

"Red Rock Renewables has reached financial close on a £62 million financing for its Benbrack Onshore Wind Farm"

L
Lloyds lender

"with Lloyds, HSBC, and China Construction Bank each providing equal shares of the project debt"

H
HSBC lender

"with Lloyds, HSBC, and China Construction Bank each providing equal shares of the project debt"

C
China Construction Bank lender

"with Lloyds, HSBC, and China Construction Bank each providing equal shares of the project debt"

medium quality Enriched Mar 9, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

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