Greencoat UK Wind (UKW)

Sector:

Investment Firms

Index:

FTSE 250

139.20p
   
  • Change Today:
    -0.20p
  • 52 Week High: 152.80
  • 52 Week Low: 102.00
  • Currency: UK Pounds
  • Shares Issued: 1,518.16m
  • Volume: 1,209,124
  • Market Cap: 2,113.28m

Greencoat UK Wind buys two wind farms for 87m

By Michele Maatouk

Date: Friday 14 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Greencoat UK Wind has bought Church Hill and Crighshane wind farms for 87m, including the prepayment of existing project finance debt facilities.
It purchased the wind farms from the Irish Infrastructure Fund, a fund jointly managed by AMP Capital and Irish Life Investment Managers, and from the Viridian Group, who held a minority stake.

Church Hill is located 16 miles north west of Omagh in County Tyrone, Northern Ireland, and has a capacity of 18.4MW. Crighshane is located 20 miles north west of Omagh in County Tyrone and has a capacity of 32.2MW.

Both wind farms are equipped with Enercon E70 turbines and have been operational since July 2012.

Chairman Tim Ingram said: "We are very pleased with our latest acquisitions - high quality ROC accredited wind farms with a strong operating track record, which will deliver an attractive investment return to our investors. The portfolio as a whole now provides sufficient electricity to power over 750,000 homes."

The deal was funded by the company's 80m revolving credit facility plus reinvestment of group cash of 7m.

At 1505 GMT, the shares were flat at 124.65p.

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UKW Market Data

Currency UK Pounds
Share Price 139.20p
Change Today -0.20p
% Change -0.14 %
52 Week High 152.80
52 Week Low 102.00
Volume 1,209,124
Shares Issued 1,518.16m
Market Cap 2,113.28m

UKW Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.53% below the market average10.53% below the market average10.53% below the market average10.53% below the market average10.53% below the market average
40.83% below the sector average40.83% below the sector average40.83% below the sector average40.83% below the sector average40.83% below the sector average
Price Trend
68.16% above the market average68.16% above the market average68.16% above the market average68.16% above the market average68.16% above the market average
78.80% above the sector average78.80% above the sector average78.80% above the sector average78.80% above the sector average78.80% above the sector average
Income
31.64% below the market average31.64% below the market average31.64% below the market average31.64% below the market average31.64% below the market average
53.54% below the sector average53.54% below the sector average53.54% below the sector average53.54% below the sector average53.54% below the sector average
Growth
11.29% above the market average11.29% above the market average11.29% above the market average11.29% above the market average11.29% above the market average
10.78% above the sector average10.78% above the sector average10.78% above the sector average10.78% above the sector average10.78% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

UKW Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 14-May-20 13-Feb-20
Paid 29-May-20 28-Feb-20
Amount 1.77p 1.73p

Trades for 22-May-2020

Time Volume / Share Price
16:35 85,057 @ 139.20p
16:29 139 @ 139.40p
16:29 2 @ 139.40p
16:25 900 @ 139.40p
16:25 1,230 @ 139.40p

UKW Key Personnel

Chair Shonaid Jemmett-Page

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