A fund managed by Foresight Group, an infrastructure and private capital investment manager, has acquired the Blackhillock Synchronous Condenser from funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. Financial terms were not disclosed.
Blackhillock has been operational since July 2025 and provides approximately 2 GVA of short circuit level to the grid, supporting voltage recovery following network disturbances and enabling resilient grid operation.
The synchronous condenser is located near the Blackhillock transmission substation in northeast Scotland, one of the United Kingdom’s most constrained and strategically important transmission nodes. As one of only two synchronous condenser facilities in northeast Scotland, Blackhillock is a rare grid stability asset located in a high-priority area.
As the United Kingdom transitions from traditional coal and gas generation to inverter-based renewable energy, synchronous condensers are playin
