The UK’s Railways Pension Scheme has bought up one of the country’s few onshore wind farms with a guaranteed price contract — just a day after adding three people to the team responsible for doing such deals.

RPMI Railpen, the investment manager for the scheme, said in a statement on November 28 that it has acquired the Tralorg Wind Farm, which is under construction, in south-west Scotland. It described it as “one of the UK’s few onshore wind farms with a contract... in place which effectively guarantees the price of the electricity it generates for 15 years”.