Greencoat UK Wind raises £147m from share issue
18th Nov 2016 07:36
(ShareCast News) - Wind farm infrastructure fund Greencoat UK Wind (UKW) said it had raised £147m through the issue of 133.6m new ordinary shares at 110p each. UKW chairman Tim Ingram said the proceeds would be used to pay down the company's short term acquisition facility in full, enabling it to "p
Read moreGreencoat UK Wind unveils plans to raise GBP50m to fund acquisition
12th Nov 2015 15:25
(ShareCast News) - Wind farm infrastructure investor Greencoat UK Wind unveiled plans to raise up to £50m through a share placing to fund an unspecified investment. The London-listed company said it will place up to 46.1m shares at 107.5p each to raise capital, which will then partly fund an acquisi
Read moreGreencoat net asset value weakens off lower forecast power prices
28th Jul 2015 14:53
(ShareCast News) - Windfarm investment trust Greencoat reported a fall in net asset value per share over the last six months, from 105.5p in the six months to December 2014 to 104.2p to June 2015. It said the relatively weak NAV was due to lower forecast power prices and the July budget announcement
Read moreGreencoat UK Wind to acquire four wind farms for £90.6m
20th Aug 2014 10:37
Greencoat UK Wind is set to acquire a 51.6% stake in four wind farms for £90.6m. The group will be entering an agreement to purchase Sixpenny Wood, Yelvertoft, North Rhins and Drone Hill Wind Farms from subsidiaries of The AES Corporation, a global power company. The acquisitions are expected to b
Read moreGreencoat UK Wind acquires two wind farms for £96m
25th Jun 2014 15:00
FTSE-listed energy group Greencoat UK Wind (UKW) has entered into an agreement to acquire two wind farms for a total of £96.2m. The group is spending £43.3m on buying Aberdeenshire wind farm, Kildrummy, which has a capacity of 18.4 megawatts (MW) and a forecast load factor of 35.7%. The wind farm i
Read moreAberdeen Deputy CEO trousers 5.4m pounds as shares 10-year high
19th Dec 2013 14:39
It was revealed that Aberdeen Asset Management's Deputy Chief Executive Officer (CEO) Andrew Laing sold 2.6m pounds in shares earlier this week as well as selling 2.7m pounds-worth of new shares awarded in his long-term bonus plan. Aberdeen shares recently hit heights not seen since 2001. Down th
Read moreGreencoat has wind in its sails with debut first-half dividend
19th Aug 2013 07:52
FTSE newcomer Greencoat UK Wind has increased its net asset value (NAV) in the 12 weeks since listing and declared a maiden interim dividend. The company's debut set of results since it joined the FTSE Small Cap index showed NAV swelled from the 98p per share on listing to 100.9p. Greencoat, whi
Read moreInterContinental Hotels director sells 70,000 shares
22nd Apr 2013 16:30
InterContinental Hotels' President of the Americas has sold 70,000 shares on Monday, reducing his stake to 388,330 shares. The shares were sold for 1,858.95p each for a total of £1.3m. The transaction comes just a few weeks after the company agreed to sell the leasehold interest at its London P
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