23 February, 2017
Tim Ingram, Chairman of Greencoat UK Wind, said:
"We are pleased to report the continued good performance of our portfolio and demonstrate the robustness of the Company's business model in a dynamic environment. We have delivered a total shareholder return of 17.4% and NAV growth (adjusted for dividends) of 4.1 pence in 2016 and again increased our target dividend by RPI to 6.49p per share for 2017."
28 July, 2016
Tim Ingram, Chairman, said: "We are pleased to report the continued steady performance of our portfolio, with good cash generation, an increase in the dividend and strong dividend cover."
28 June, 2016
Tim Ingram, Chairman, said: "We are delighted to announce the acquisition of Screggagh Wind Farm. Our structure and financing enable us to investigate a wide range of deal sizes from all vendors in the market, allowing us to select only the most value accretive assets."
14 March, 2016
“We are pleased to announce UKW’s latest acquisition, which will deliver an attractive investment return, in line with the existing portfolio. We are delighted to extend our relationship with SSE and co-own Clyde, one of the largest onshore wind farms in the UK.”
26 November, 2015
"We are pleased to announce the acquisition of Stroupster Wind Farm, a further high quality addition to our operating portfolio and an expansion of our existing and successful relationship with BayWa. We continue to pursue other near term acquisition opportunities, but remain disciplined in only executing on opportunities that deliver attractive investment returns, consistent with our existing portfolio.”
25 November, 2015
"We are delighted to raise the maximum amount under our placing and see continued strong support from existing shareholders and new institutions. Our aim is to provide investors with an attractive and inflating dividend alongside real capital preservation. The significant oversubscription for this, our third follow-on fundraise demonstrates the attractiveness of UKW’s independent model, providing investors with stability and growing long term returns."
28 July, 2015
"We are pleased to report the continued good performance of our UK operating wind portfolio, with overall performance in line with our expectations during the first half of 2015.
"We anticipate continued substantial growth in the UK wind farm secondary market, providing further value enhancing investment opportunities for the Company from an anticipated market of approximately £60 billion. As an investor in up and running UK wind farms, we are not significantly affected by the closure of the Renewables Obligation for new onshore wind farms from March 2016, and remain encouraged by the outlook for investment opportunities.
23 February, 2015
“We are pleased to report the continued good performance of our portfolio and to have delivered the attractive dividend and real NAV growth promised at IPO during 2014.
We have increased our investment portfolio from 6 to 16 UK wind farms since listing and our net generating capacity from 126.5 to 271.5MW. It is pleasing to have now acquired new wind farms from five different sellers, a testament to the benefit of the Company’s independence and to its ability to be selective in its acquisitions.”
24 October, 2014
Tim Ingram, Chairman of Greencoat UK Wind, said:
"We are delighted with the strong support from existing shareholders and new institutions and pleased to be able to accommodate the additional demand which has taken the fund raise 25% over and above our £100m target."
23 September, 2014
Greencoat UK Wind plc ("Greencoat UK Wind" or the "Company"), the leading UK premium listed renewable infrastructure fund invested solely in operational UK wind farms, today announces a proposed equity capital raise, in line with its stated strategy. The proposed target issue of £100 million will be used to refinance the Company’s existing bank facility, which has been drawn down to fund Greencoat UK Wind’s recent acquisitions.
20 August, 2014
The Company has agreed to acquire a 51.6% stake in Sixpenny Wood, Yelvertoft, North Rhins and Drone Hill Wind Farms from subsidiaries of The AES Corporation for a total consideration of £90.6 million.
Tim Ingram, Chairman, said "We are pleased to announce the acquisition of Sixpenny Wood, Yelvertoft, North Rhins and Drone Hill Wind Farms from AES and to increase our investment portfolio to 16 UK wind farms with net generating capacity of 271.5MW. AES is the fifth seller of wind farms to UKW, a testament to the Company’s independence and to its ability to be selective in its acquisitions.”
31 July, 2014
Tim Ingram, Chairman, said:
"We are pleased to report the continued good performance of our UK operating wind portfolio, with overall performance in line with our expectations during the first half of 2014.
“UK Wind’s aim is to provide investors with an attractive and inflating dividend alongside real capital preservation. The announcement of our third dividend, which increased in line with inflation, together with Net Asset Value growth during the period to 105.8p per share, highlights UK Wind’s continued delivery on its commitment."
25 June, 2014
The Company has agreed to acquire Kildrummy Wind Farm from BayWa, and Maerdy Wind Farm from Velocita Energy Developments for total considerations of £43.3m and £52.9m respectively.
Tim Ingram, Chairman, said "We are pleased to announce the acquisition of Kildrummy and Maerdy Wind Farms, high quality additions to our operating portfolio. Our revised three-bank facility is of significant benefit to the company, and we look forward to integrating our new assets into the business.”
07 May, 2014
Greencoat wins prestigious Company of the Year award, for the biggest contribution to the renewable sector as a whole.
24 March, 2014
Tim Ingram, Chairman, said "We are pleased to report the strong performance of our portfolio. We came to the market a year ago with a clear, independent and high quality proposition and since listing we have delivered what was said 'on the tin'. We look forward to the future with confidence."
13 December, 2013
Tim Ingram, Chairman, said "We are pleased at the response to the capital raise from private and institutional investors. We believe this demonstrates the continued attractiveness of Greencoat UK Wind's model: providing investors with long-term, predictable returns and enabling wind farm owners to reinvest the capital into their development programmes.”
15 November, 2013
Tim Ingram, Chairman, said "We came to the market earlier this year in our IPO with a clear, transparent, independent and high quality proposition and since listing we have delivered on the commitments we set out... The capital raise will pay down the acquisition facility allowing the Company to take advantage of these further value-accretive growth opportunities.”
08 November, 2013
Tim Ingram, Chairman, said "We are delighted to acquire further high quality, utility constructed and operated wind farms and continue to expand our investment portfolio. Since listing, we have invested £134.2 million (including cashflow reinvestment) in adding 57.5MW of net capacity."
15 October, 2013
Tim Ingram, Chairman, said “We are pleased to announce the continued good performance of our portfolio. Since the announcement of our interim results we have paid our maiden dividend, grown net asset value to £263.8m million and, importantly, we have completed our first acquisitions since listing.”
27 September, 2013
Tim Ingram, Chairman, said “We are pleased to announce our first additions to our portfolio following the fundraise and listing earlier in the year. As highlighted in our maiden interim results, the portfolio is performing well and we are excited by the substantial growth opportunities in the UK wind farm market.”
19 August, 2013
Tim Ingram, Chairman, said:
"Immediately after our successful fundraising and listing on the stock exchange, we completed the acquisition of the assets we targeted to seed our investment portfolio.
We are pleased to report a good performance of that portfolio during the first three months of trading, with all key performance measures in line with our expectations."
13 June, 2013
Further to statements made in the Company's recent prospectus on the intention of the Company to appoint a fourth Director to the Board, the Board of Directors is pleased to announce the appointment of Kevin McCullough as a director of the Company effective from 1 July 2013.
27 March, 2013
Further to its announcement on 22 March 2013, Greencoat UK Wind PLC (the "Company") announces that 260,000,100 Ordinary Shares in the Company will today be admitted to the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities under the ticker UKW with an ISIN of GB00B8SC6K54.
27 March, 2013
In accordance with DTR 5.6.1R of the FSA's Disclosure and Transparency Rules, the Company notifies the market that, as at 8 a.m. on 27 March 2013 it had 260,000,100 issued ordinary shares of 1p each (“Ordinary Shares”) admitted to trading. Each Ordinary Share carries the right to one vote in relation to all circumstances at general meetings of the Company
22 March, 2013
Greencoat UK Wind PLC ("Greencoat UK Wind" or the "Company") is pleased to announce the results of the Issue...
06 February, 2013
Greencoat UK Wind PLC: Announcement of intention to raise a minimum £205 million and list on the Main Market of the London Stock Exchange