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The Markets
by Proactive
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by Proactive
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Greencoat UK Wind continues with strong cash generation and low-risk strategy

Greencoat UK Wind continues with strong cash generation and low-risk strategy

Greencoat UK Wind PLC (LSE:UKW) chief executive Stephen Lilley talks to Proactive about its latest acquisitions and results with generated net cash of £328.8mln in the six months ended 30 June, allowing it to pay a 3.86p a share dividend. He discusses the attraction of the two latest acquisitions of the Twentyshilling wind farm in Scotland and its purchase of a 12.5% stake in Hornsea 1, off the coast of eastern England. Its net asset value, a benchmark for infrastructure companies, rose 15% to 153.6p.

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by Proactive
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