(Alliance News) - Greencoat UK Wind PLC reported a net asset value fall but upped its first quarter dividend.
Greencoat Wind's net asset value at March 31 was GBP.1.84 billion. Per share, it was down 0.2% year-on-year at 121.20 pence from 121.47p.
Shares in the company were 0.6% higher at 141.80p each in London on Wednesday morning.
It raised its quarterly dividend by 2.3% annually to 1.775p from 1.735p.
Greencoat added: "The company is committed to supporting efforts to limit and delay the spread of coronavirus and the wellbeing of our investment manager, turbine operation and maintenance service providers, site managers and the local communities in which our wind farms are based is our number one priority.
"We continue to monitor and assess the situation and are working in line with the government's latest guidance. To date there has been no material impact on the company's day-to-day operations or performance."
By Eric Cunha; ericcunha@alliancenews.com
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Greencoat UK Wind (UKW)