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Pin to quick picksGreencoat Renewables Share News (GRP)

Share Price Information for Greencoat Renewables (GRP)

London Stock Exchange
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Share Price: 0.864
Bid: 0.852
Ask: 0.88
Change: 0.00 (0.00%)
Spread: 0.028 (3.286%)
Open: 0.854
High: 0.864
Low: 0.854
Prev. Close: 0.866
GRP Live PriceLast checked at -
Greencoat Renewables is an Investment Trust

To provide attractive risk-adjusted returns to shareholders through annual dividend increase and capital value growth by investing in renewable energy generation assets within the Eurozone, focus on Ireland.

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Greencoat Renewables buys Irish wind farm for €34.5m

Mon, 17th Feb 2020 09:00

(Sharecast News) - Renewable energy investor Greencoat Renewables has bought a 14.1-megawatt wind farm in County Clare, on Ireland's west coast for €34.5m.
The AIM-listed group said on Monday that the acquisition was being funded by its €380m credit facility. Following the acquisition, Greencoat Renewables total borrowings represent 38% of its gross asset value.

Greencoat added that the farm's revenues were contracted under the REFIT 2 scheme, providing it with a long-term guaranteed minimum floor price for all electricity generated at the site until 2032.

As of 0900 GMT, Greencoat shares had ticked up 0.83% to €1.21 each.
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Greencoat Renewables acquires Ireland's Glencarby wind farm

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