viewGreencoat UK Wind PLC

Greencoat Capital makes third acquisition this year with 49% stake in Humber Gateway

Greencoat UK Wind PLC (LON:UKW) Stephen Lillie talks to Proactive London about the agreement to acquire a 49% stake in the Humber Gateway offshore wind farm as part of a consortium with several pension funds.

This represents their third acquisition this year and means the specialist wind power specialist will be the largest part of the consortium and acquire a net 38% stake for £500m while the pension funds will acquire a net 11% for £148m.

As a Yorkshireman himself, Lillie is particularly pleased with this move and is confident they will reap the benefits as they build up with 'balanced portfolio'.

Quick facts: Greencoat UK Wind PLC

Price: 135.6 GBX

Market: LSE
Market Cap: £20.63 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Greencoat UK Wind PLC named herein, including the promotion by the Company of Greencoat UK Wind PLC in any Content on the Site, the Company...



Greencoat UK Wind's Stephen Lilley details new Walney acquisition

Greencoat UK Wind PLC's (LON:UKW) Stephen Lilley talks Proactive London through the acquisition of the Walney offshore wind farm. It's located nine miles off the Cumbrian coast and has a capacity of 367Mw. Greencoat's funding the purchase from its £400mln acquisition facility, which will push...

on 4/9/20

2 min read