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Greencoat UK Wind to acquire Tom nan Clach wind farm in Scotland

Greencoat UK Wind PLC's (LON:UKW) Stephen Lilley caught up with Proactive Investors to discuss their decision to spend £126mln on a 13-turbine wind farm in northern Scotland.

It is acquiring Belltown Power’s 75% stake in Tom nan Clach, in Nairnshire.

Currently under development, the operation will be formally handed over to Greencoat next July, a month after its completion.

Quick facts: Greencoat UK Wind PLC

Price: 146.5184 GBX

LSE:UKW
Market: LSE
Market Cap: £2.22 billion
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Greencoat UK Wind close to powering 1 mln UK homes as size of portfolio surges

Greencoat UK Wind’s (LON:UKW) manager Stephen Lilley was happy with the first half performance even though wind speeds were slightly lower than expected. The group bought four assets over the first half of the year worth £611mln, including its first deal for an asset without a ROC...

on 29/7/19

2 min read