Red Rock Renewables has reached Financial Close on a £62m project finance package for its Benbrack onshore wind farm in Dumfries & Galloway, with Lloyds, HSBC and China Construction Bank each providing an equal share of the funding.

Lloyds also served as sole debt adviser via a separate ringfenced team, as the project prepares to transition to its operational phase.

Construction of the 67.1MW scheme began in October 2022 and was self-funded by Red Rock, underscoring the company's long-term commitment to the Scottish wind sector and the project's delivery.

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Shi Weifei, Red Rock's Chief Finance Officer, said: "Our team has been dedicated to delivering an efficient, high quality wind farm for the last five years and to now have the support from Lloyds, HSBC and China Construction Bank reaffirms that Benbrack was a solid investment. To self-fund construction during particularly challenging market conditions within the renewables sector took a giant leap of faith, so we are delighted to have our turbines operational and now the security of reaching Financial Close."

Red Rock emphasised local and UK supply-chain participation across construction and into operations, including owner's engineer Natural Power (based in Dumfries & Galloway), Balance of Plant contractor Jones Bros, 15 Vestas turbines with a 10-year service and maintenance agreement, and site management services from Wood.

The developer previously won Contracts for Difference in Allocation Rounds 5 and 6 covering Benbrack's full 67.1MW capacity, and in March 2025 secured a route-to-market power purchase agreement with SSE Energy Markets.