SCOTTISH and Southern Energy has bought the largest onshore wind farm project in England.
When built, the Keadby Wind Farm will have 34 turbines and generate enough electricity to power up to 47,000 homes.
The wind farm site is close to SSE's existing Keadby power station, near Scunthorpe, and construction could begin late this year.
SSE finance director Gregor Alexander said: "We have said that we will pursue both acquisitions and disposals in order to optimise our wind farm portfolio in the UK, and this acquisition of Keadby wind farm, which is SSE's first consented wind farm in England, is completely in line with that objective.
"It adds to the diversity of our wind portfolio and the site's proximity to our existing power station helps make this an appealing project to take forward to construction.
"As an established generator in the area, we have a long-standing commitment to the local community around Keadby, which will only be strengthened by this deal."
SSE, which also operates the Ferrybridge power station in West Yorkshire, this morning announced adjusted pre-tax profits of more than £1.3bn.
The company is currently building Europe's largest post-combustion carbon capture project at Ferrybridge.