Yield hit for John Laing wind farm in Ireland as wind strength weakens
John Laing, the giant infrastructure firm, said it is taking a multi-million writedowns on a windfarm it owns in Co Tipperary and in Germany because it estimates that the wind will blow less and generate less power over the next 10 to 15 years than it once anticipated.
The company's fully-owned wind farm at Glencarbry in Co Tipperary, which it has operated for a number of years, is expected to have an operating life of a further 23 years.
