Renewable energy seals sale of one of Scotland’s largest estates

Posted at June 23, 2014 | By : | Categories : News,Renewables,Rural Business | 0 Comment

Knight Frank has revealed that it has acted in the sale of one of the largest Scottish estates which had an £11 million price tag on account of significant income potential from generating hydro-electricity.

The 28,300-acre Auch & Invermearan Estate in Argyllshire and Perthshire has the potential for 15 hydro-electric schemes, one of which has already been commissioned, generating a gross income of £245,000 in its first year of operation.

According to the firm, the estate also offers “a stunning landscape and amazing sporting opportunities”.

Ran Morgan, head of Knight Frank Scotland, comments: “Despite all the hype over independence, there is a real appetite for Scottish land holdings from investors, especially from overseas. They are particularly interested in estates that can produce significant income in the form of renewable energy, a massive resource for Scotland, or via a commercial agri-business.”

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