Greencoat Renewables PLC Completion of German offshore wind acquisition (6266Q)
February 22 2023 - 2:00AM
UK Regulatory
TIDMGRP
RNS Number : 6266Q
Greencoat Renewables PLC
22 February 2023
Completion of German offshore wind acquisition
Dublin, London, 22(nd) February 2023: Following the previous
announcement released on 3(rd) of January 2023 about the
acquisition of a 22.5% stake in the Butendiek offshore wind farm in
Germany from Marguerite Pantheon, Greencoat Renewables PLC
("Greencoat Renewables") is pleased to announce the completion of
the acquisition.
The acquisition takes Greencoat Renewables' generation capacity
to 1,228 MW and total borrowings to 46% of Gross Asset Value.
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For further details contact:
Schroders Greencoat LLP (Investment Manager)
Bertrand Gautier
Paul O'Donnell
Tom Rayner +44 20 7832 9400
FTI Consulting (Investor Relations & Media)
Melanie Farrell
Orla Cox greencoat@fticonsulting.com
Davy (Broker, NOMAD and Euronext Growth Adviser)
Barry Murphy
Ronan Veale +353 1 679 6363
RBC Capital Markets (Joint Broker)
Matthew Coakes
Elizabeth Evans +44 20 7653 4000
About Greencoat Renewables PLC
Greencoat Renewables PLC is an investor in euro-denominated
renewable energy infrastructure assets. Initially focused solely on
the acquisition and management of operating wind farms in Ireland ,
the Company is now also investing in wind and solar assets in
certain other European countries with stable and robust renewable
energy frameworks. It is managed by Schroders Greencoat, an
experienced investment manager in the listed renewable energy
infrastructure sector.
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