Company
Greencoat UK Wind PLC
LON:UKW
Greencoat UK Wind PLC is the leading listed renewable infrastructure fund, invested in operating UK wind farms. The fund is a constituent of the FTSE 250 and has a market capitalisation of approximately c.£3.2bn.
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Greencoat UK Wind more than just a high-yielding trust, says research house
Greencoat UK Wind is the UK's largest onshore operator
Greencoat’s new offshore investment sets eyes on interims
Greencoat unveiled its purchase of a stake in the London Array windfarm on Monday morning
Greencoat UK Wind buys stake in Kent offshore site
Greencoat has bought a 25% stake in the 630MW site, alongside Schroders
Greencoat UK Wind completes acquisition of Scotland’s Dalquhandy wind farm
Dalquhandy’s ten 4.2MW turbines were acquired from BayWa
Investments and investor services
Greencoat UK Wind still offers ‘reasonable value’ – broker
Greencoat UK Wind offers "resonable value," Stifel said
Greencoat UK acquires Dalquhandy wind farm in Scotland
The deal, to be paid for in cash, takes the company’s portfolio to 46 wind farms
Greencoat UK Wind 'excessively cheap' says broker as NAV jumps 25%
High merchant power exposure allowed Greencoat to benefit most from last year's higher market prices
Greencoat UK Wind's conservative approach 'pays off', says research house
Greencoat UK Wind should be left with significant cash that it could use to reinvest this year
Greencoat UK Wind offers good exposure to energy transition theme argues broker
In an overview of the energy and infrastructure sector, Greencoat is one of seven recommendations by the broker.
Greencoat UK Wind PLC sees NAV increase by 0.9% to 155p per share in quarter to end-September, notes Liberum
The Liberum analysts pointed out that an increase in the short-term inflation rate had a 8p-plus positive impact on the firm's NAV, outweighing a 7p negative effect of a 50 basis point (bps) increase in the discount rate to 8.2%
Greencoat UK Wind says its board has appointed Lucinda Riches to be its chairman following the company's 2023 AGM
The FTSE 250-listed company noted that Riches has served as a non-executive director on its board since 2019 and was appointed as senior independent director earlier this year
Greencoat and Centrica unlikely to be hit hard by revenue cap according to experts
Speculation has begun over what price the revenue cap on renewable electricity generators will be set at
Greencoat UK Wind adds Hornsea 1 to its portfolio
Hornsea 1 is one of the world’s largest offshore wind projects
Greencoat UK Wind in the pink as dividend and net asset value rise strongly
"We are pleased to report another solid performance, with continued strong cash generation as we deliver against our simple, low-risk strategy,” said chairman Shonaid Jemmett-Page
Abrdn Equity Income tops yield list of ‘dividend heroes’
Of the 42 investment companies, the highest-yielding is CQS New City High Yield
Greencoat UK Wind updates agreement with investment manager
The renewable energy fund has returned an impressive 150% total return since IPO in 2013
Greencoat UK Wind seals position as leading pure-play British wind power provider
The investment trust is designed to offer inflation protection and exposure to power prices
Greencoat UK Wind Farm to acquire stake in world's largest offshore wind farm
Hornsea 1 is the world's largest offshore wind farm and is located 80 miles off the Yorkshire coast in the North Sea
Greencoat UK Wind upgraded as electricity prices climb
“On a full M2M (mark to market) basis, we see scope for +£1.3bn of cashflows (60p/sh)"
Greencoat UK Wind reaping 'significant benefit' from current power prices, says research house
Greencoat runs an 'un-hedged' exposure to power prices
Nuclear, offshore wind and revitalised North Sea are the bedrock of UK government's new energy plan
Up to 50GW of new offshore turbine capacity is planned by 2030, which would be more than enough to power every home in the UK
More onshore wind projects coming as Downing Street plans to defeat NIMBYs
Some members of the Cabinet oppose the plans, fearing a backlash of NIMBYs (Not In My Back Yard)
Onshore wind and nuclear lead way in government's new UK energy vision
“Russia, Saudi Arabia, all of those things mean that we’ve got to have more energy independence"
Storms boost Greencoat as wind investor expects to reap inflation benefits
Inflation-tied dividend policy woos investors as wind power picks up to begin 2022
Greencoat NAV jumps as stormy weather puts the wind in its sails
NAV rose more than 38% as group sees strong cash generation
Storms hurt insurers’ pockets, but money left on the table for wind generation
Wind generated nearly 45% of UK's power requirements during Storm Eunice, but technical issues put a ceiling on the power source's potential
Greencoat UK Wind completes acquisitions of two-subsidy free wind farms
The two extra farms raises the company's net generating capacity to 1,422 megawatts
Power pricing explains increased investor demand in Greencoat Wind - manager
British households experiencing higher energy bills further points to the inevitable importance of renewable energy in the near future
Greencoat UK Wind increases size of funding round to £450mln
Demand for shares 'significantly' outstripped supply said the renewable energy group
Greencoat UK Wind acquires stake in wind farm off the Wirral coast
The acquisition is scheduled to complete on 30 November 2021. The acquisition will be partly funded by a share issue.
Greencoat UK Wind commissions Douglas West wind farm
The newly commissioned wind farm comprises thirteen turbines.
Greencoat UK Wind buys Andershaw wind farm for £121mln
Andershaw has entered into a power purchase agreement with Statkraft until 2037
Greencoat UK Wind appoints net zero expert to board
He is chairman of Energy Systems Catapult and has been part of various government advisory boards as well as being part of the Net Zero Expert Group and a COP26 advisory group which advises the Secretary of State
Greencoat UK Wind reports solid half-year performance
The group has committed to acquire three further projects that will add a further 130MW of generating capacity to the portfolio
Greencoat UK Wind to acquire new wind assets in deals worth almost £100mln
The company also provided a brief update on its finances following the recent fundraising
Greencoat UK Wind unveils plans to raise funds for acquisitions
The company is aiming to raise up to £198mln which it said will also be used to repay or reduce borrowings under its revolving credit facility
Greencoat UK Wind on the rise as institutions clamour for renewables
The group is a renewable infrastructure fund investing in operating UK wind farms
Greencoat Renewables to acquire two wind farms in Ireland
Construction of the wind farms is expected to start soon. Both wind farms benefit from 15-year fixed-price contracts
Greencoat UK Wind's expansion brings increasing benefits suggests Kepler
The trust now has the scale to purchase institutionally sized assets
Good news for solar and onshore wind as UK plans doubling of subsidies in 2021
There are three London-listed funds that are mainly focused on UK solar and one on UK wind, plus others that have a broader renewable remit
Greencoat UK Wind makes third acquisition this year with £500mln stake in Humber Gateway
Humber Gateway is 5 miles off the Yorkshire coast and comprises 73 turbines with a capacity of 219MW
Greencoat UK Wind raises £400mln to trim debt
The proceeds will be primarily used to cut total borrowings to roughly 21% of gross asset value
Greencoat UK Wind unveils new share issuance programme to be conducted over next 12 months in a number of tranches
Under the share issuance programme, the FTSE 250-listed company said it may issue up to a maximum of 750 million new ordinary shares over the next 12 months
Greencoat UK Wind lifts net generating capacity above 1Gw with Walney purchase
"The acquisition is our third offshore wind farm investment since listing in 2013," the group noted
Greencoat UK WInd reports another half of steady cashflow and power generated
Fixed revenues represent 64% of the company's projected 2020 revenue
Greencoat UK Wind agrees to buy subsidy-free wind farm in Scotland
The headline consideration of £320mln will be due when the wind farm commences operation, which is scheduled for early 2023
Greencoat UK Wind says unaudited net asset value as of March 31 was 121.2p per share
The FTSE 250-listed company also announced a quarterly interim dividend of 1.775p per share with respect to the quarter to that date
Greencoat UK Wind says 30% of budgeted 2020 generation has already been produced
Portfolio generation to date in 2020 has been strong and is roughly 20% ahead of budget
Government U-turn on onshore subsidies welcomed by green lobby
The Advisory Committee on Climate Change had already called for a change of policy
Greencoat UK Wind confident of hitting dividend growth objectives
Investments in Stronelairg, Dunmaglass and Tom nan Clach increased the portfolio to 35 operating wind farm investments,
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Greencoat UK Wind doubles up with Slieve Divena II wind farm acquisition
It is the eighth wind farm Greencoat has bought from SSE