Renewable infrastructure fund’s freshest deals demonstrate ability to buy utility-scale assets
Greencoat UK Wind ( UKW ) plans to buy stakes in two wind farms from SSE ( SSE ) for £452m. It also plans to issue new shares at a 5.1% discount to its closing price on the night before the announcement to raise up to £131m. ‘These are significant acquisitions for Greencoat UK Wind with the acquisition price of £452m representing 32% of net assets (or c.30% assuming...