Red Rock Renewables

What Red Rock Renewables does

Red Rock Renewables is an Edinburgh-based renewable energy developer and operator that builds, owns, and operates wind energy projects across Scotland, with a portfolio spanning onshore and offshore assets at varying stages of maturity. The company is a wholly-owned subsidiary of SDIC Power, a Chinese state-owned power generation enterprise, and was previously known as Red Rock Power. Its operating portfolio includes the 50 MW Afton onshore wind farm (100% owned, commissioned 2018), the 588 MW Beatrice offshore wind farm (25% stake in a consortium led by SSE), the 67.1 MW Benbrack onshore wind farm under construction (100% owned, first power delivered September 2025), and the 1.1 GW Inch Cape offshore wind farm under construction as a 50/50 joint venture with ESB (first power targeted late 2026, full commercial operation 2027). Together, these assets represent approximately 1.8 GW of gross portfolio capacity, capable of powering the equivalent of over one million homes.

The underlying technology consists of utility-scale wind turbines sourced from major OEMs: 25 Siemens Gamesa G80 turbines at Afton, 84 turbines at Beatrice, 15 Vestas turbines at Benbrack (with a 10-year Vestas service agreement), and up to 72 Vestas 15 MW turbines at Inch Cape, where 54 monopile foundations of approximately 2,300 tonnes each are being installed. Civil and offshore construction is delivered through partners including Jones Bros and Jan De Nul. Operations and maintenance at Afton is run jointly with RES.

Red Rock's revenue model combines wholesale electricity sales into the UK grid under government-backed Contracts for Difference (CfD) for eligible projects, supplemented by direct Power Purchase Agreements with energy companies such as SSE Energy Markets for Benbrack. Revenue is therefore a mix of regulated (CfD) and bilateral PPA structures rather than merchant exposure. The company's go-to-market is enterprise and institutional: it partners with utilities (SSE, ESB) for development and offtake, with major banks (Lloyds, HSBC, China Construction Bank) for project finance, and with turbine OEMs for equipment and service. End customers are electricity utilities and grid operators supplying residential and commercial consumers, with secondary community benefit arrangements (e.g., £125,000 annual grants to local trusts). The company employs 101-250 people and is privately held with no public listing.

Name

Red Rock Renewables

Legal name

Red Rock Renewables

Website

https://redrockpower.co.uk

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Red Rock Renewables is an Edinburgh-based wind energy developer and subsidiary of SDIC Power that builds, owns, and operates onshore and offshore wind farms across Scotland, with a portfolio of approximately 1.8 GW gross capacity including the operational Afton and Beatrice assets and the developing Benbrack and Inch Cape projects, selling electricity to UK utilities and the national grid.

Ownership category

akta.pro rank

Product category

Wind Power Generation

NAICS

Wind Electric Power Generation (221115)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Offshore Wind Power Generation (Fixed-Bottom) (EUACAFAB)

akta.pro secondary industries

Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), Renewable Energy Infrastructure (FSAAAKAG)

Keywords

• Renewable energy generation
• Wind farm development
• Offshore wind projects
• Onshore wind farms
• Power purchase agreements

Headquarters

HQ city

Edinburgh

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Generation and CfD Revenue: Red Rock Renewables generates revenue through electricity generation from operational wind farms, supported by government Contracts for Difference (CfD) that provide guaranteed revenue streams. The Benbrack project was supported by CfD awards in Allocation Rounds 5 and 6.
2. Power Purchase Agreements: Revenue from PPAs with energy companies such as SSE Energy Markets for the Benbrack project, providing long-term electricity off-take arrangements.
3. Asset Ownership and Operation: Direct ownership and operation of wind farm assets generating electricity for sale to the grid. Afton Wind Farm generates electricity for approximately 35,000 homes annually.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Red Rock Renewables develops, owns, and operates onshore and offshore wind farms across Scotland. The company generates renewable electricity at scale and sells it through government Contracts for Difference (CfD) allocations and Power Purchase Agreements (PPAs) with energy companies and the UK national grid. Its portfolio includes wholly-owned operational assets (Afton), wholly-owned projects under construction (Benbrack), and joint-venture stakes in major offshore wind farms (Beatrice and Inch Cape).

Product overview

Red Rock Renewables is an Edinburgh-based renewable energy developer that builds, owns, and operates wind energy projects across Scotland. Their portfolio spans both onshore and offshore wind assets: Afton (50 MW operational onshore, 100% owned), Beatrice (588 MW operational offshore, 25% stake in joint venture with SSE, Trig, and Equitix), Benbrack (67 MW onshore under construction, 100% owned), and Inch Cape (1.1 GW offshore under construction, 50% JV with ESB). The company develops projects from acquisition through construction to operational handover, supported by Contracts for Difference awards and power purchase agreements.

Differentiator

Problem solved

Functional benefit

Products and services

• Afton Wind Farm A 50 MW operational onshore wind farm in East Ayrshire, Scotland, featuring 25 Siemens Gamesa G80 turbines with hub heights of 60m or 78m. Powers up to 35,000 homes annually and generates 3.5 million MWh over its lifetime.
• Beatrice Offshore Wind Farm A 588 MW offshore wind farm located 13.5km off the Caithness Coast in the Outer Moray Firth, comprising 84 turbines. Red Rock Renewables holds 25% ownership; one of Scotland's largest single sources of renewable energy.
• Benbrack Onshore Wind Farm A 67 MW onshore wind farm in Dumfries & Galloway with 15 Vestas turbines (maximum tip height 149m). In late-stage development/construction phase; will power approximately 70,000 homes once complete.
• Inch Cape Offshore Wind Farm A 1.1 GW offshore wind farm (up to 72 Vestas 15MW turbines) located 15km off the Angus Coast in the North Sea. 50/50 joint venture between Red Rock Renewables and ESB. Will generate enough green energy to power the equivalent of half of all homes in Scotland.

Quantifiable outcome

• 1.1GW total capacity from Inch Cape project alone, enough to power over one million homes
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered flagship, core and minor.

• ESB (Electricity Supply Board)flagshipStrategic or Co-development PartnerEqual joint venture partner (50/50) with Red Rock Renewables for Inch Cape Offshore Wind Farm development. ESB is Ireland's leading energy company. The JV company is Inch Cape Offshore Limited.
• SSE (Scottish and Southern Energy)flagshipStrategic or Co-development PartnerLead partner (40% ownership) in Beatrice Offshore Wind Farm joint venture. SSE is one of the UK's largest energy companies. Beatrice is the second largest offshore wind farm in Scotland.
• TrigcoreStrategic or Co-development PartnerJoint venture partner (17.5% ownership) in Beatrice Offshore Wind Farm alongside SSE and Red Rock Renewables.
• EquitixcoreStrategic or Co-development PartnerJoint venture partner (17.5% ownership) in Beatrice Offshore Wind Farm alongside SSE and Red Rock Renewables.
• VestascoreTechnology or IntegrationTurbine supplier for Benbrack Wind Farm providing 15 turbines. Also entered into 10-year service agreement for ongoing maintenance and operations support.
• SSE Energy MarketscoreChannel Partner/ Reseller/ DistributorPower Purchase Agreement counterparty for Benbrack Wind Farm electricity off-take, signed March 2025.
• Jones BroscoreImplementation/ SI/ Consulting PartnerCivil engineering and balance of plant contractor for Benbrack Wind Farm construction, completed end of 2023.
• RES (Renewable Energy Systems)coreImplementation/ SI/ Consulting PartnerOperations partner alongside Red Rock Asset Management team for Afton Wind Farm operations and maintenance.
• Siemens Gamesa Renewable EnergycoreTechnology or IntegrationTurbine supplier for Afton Wind Farm providing 25 G80 Wind Turbine Generators with hub heights of 60m or 78m.
• Jan De NulcoreImplementation/ SI/ Consulting PartnerOffshore construction partner providing heavy lift vessel Les Alizés for installation of monopile foundations at Inch Cape Offshore Wind Farm.
• Port of DundeecoreImplementation/ SI/ Consulting PartnerPre-assembly base for construction of Inch Cape Offshore Wind Farm, selected as the Renewables Hub for project logistics.
• New Cumnock Development TrustminorOthersDirect community grant recipient receiving £125,000 annually from Afton Wind Farm Limited as part of community benefit arrangements.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ESB: Ireland's leading energy company and 50/50 JV partner in Inch Cape; comparable as an Irish/UK utility co-developing offshore wind assets with long-term off-take capability.
• SSE Renewables: UK-focused renewable energy developer and operator with significant offshore and onshore wind assets; direct JV partner in Beatrice and PPA counterparty for Benbrack, making it the most directly comparable peer.
• EDF Renewables: French utility-owned developer with significant UK wind pipeline and operational offshore sites; comparable as a utility-affiliated renewable generator active in UK CfD auctions.
• RWE Renewables: Major European offshore and onshore wind developer with a UK project pipeline; comparable in asset class, scale, and CfD-supported UK development model.
• ScottishPower Renewables (Iberdrola): Subsidiary of Iberdrola, one of the largest UK onshore and offshore wind developers with operating assets in Scotland; directly comparable as a Scotland-based utility-scale wind operator.

Broad incumbents

• Ørsted: Global offshore wind market leader with operational UK assets; a much larger incumbent in the same generation category, providing a strategic and valuation benchmark for UK offshore wind exposure.
• Equinor: Norwegian energy major with the world's largest floating offshore wind pipeline and major UK North Sea developments; comparable as a large-scale offshore wind developer in UK waters.
• Vattenfall: European state-backed utility with major offshore wind development in the UK and North Sea; comparable in business model (utility-owned wind developer/operator) and geography.

Emerging players

• Masdar: UAE-backed clean energy investor with growing UK and European offshore wind exposure; comparable as a state-backed entrant scaling into UK offshore wind development.
• Cobra IS (VINCI): Spanish renewable developer with growing UK onshore and offshore wind activity; comparable as an active CfD-round bidder building Scottish and UK project pipeline.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Red Rock Renewables