Red Rock makes 'essential' move into Europe's renewables market By Kristy Dorsey Edinburgh’s Red Rock Power has made its first move into Europe with the acquisition of a 50 per cent stake in a major Swedish wind farm. The company, a wholly-owned subsidiary of China’s SDIC Power Holdings, has purchased its share in the Overturingen onshore wind farm from Green Investment Group for an undisclosed sum that chief executive Guy Madgwick described as the "market price”. It is now partnered with Nordic infrastructure manager CapMan Infra on the 56-turbine joint venture. The acquisition is described as a “key milestone” for Red Rock, which was acquired by SDIC in 2015 from Spain’s Repsol. Mr Madgwick joined the firm two years ago with a remit to re-shape the business as an investment platform for renewable energy projects across Europe.