09 Jan 2026
Thrive secures funding facility with Triple Point to support the construction of Whitelaw Brae wind farm
Investment Manager, Triple Point, has agreed to provide debt funding for the construction of our 57MW onshore wind farm in the Scottish Borders – helping to keep the project on track to reach commercial operation by the end of the year.
Whitelaw Brae is the second project to be funded by Fair Play Clean Energy Ltd, Thrive’s joint venture with TopCashback Sustainability, which brings together a combined £80 million in capital to fund new clean energy projects in the UK.
Once operational, the wind farm will be capable of generating up to 149,000 MWh of clean electricity per year – the equivalent of powering over 45,000 average UK homes – and delivering over 65,000 tonnes of CO₂ emissions reductions.
The transaction was advised by CMS (lenders), TLT (sponsors), Locogen and WTW (insurance).
“We are proud to support the acceleration of onshore wind deployment in the UK and delighted to partner with Thrive and TopCashback Sustainability, two like-minded companies, to deliver long-term value for local communities while contributing to the UK’s energy transition. Originating and arranging flexible construction finance for energy transition projects is a key area of focus for Triple Point over the coming years as we build toward Clean Power 2030.”
“As part of our vision of a cleaner, fairer future, Thrive has been funding, building and operating clean energy projects in the UK for 30 years. Whitelaw Brae marks a significant milestone for us as it’s our largest single project to date, and we’re pleased to be working with Triple Point on finance for construction, ensuring the project fulfils its potential to deliver clean power to homes and businesses, while generating significant emissions reductions and supporting the UK’s wider net zero goals.”
Image credit: I & H Brown
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