Greencoat UK Wind PLC Completion of Commissioning of Douglas West (5938N)
30 Septiembre 2021 - 08:00AM
UK Regulatory
TIDMUKW
RNS Number : 5938N
Greencoat UK Wind PLC
30 September 2021
30 September 2021
GREENCOAT UK WIND PLC
Completion of Commissioning of Douglas West
Greencoat UK Wind PLC (the "Company", or "UKW") is pleased to
announce that the commissioning of Douglas West wind farm has been
completed.
Douglas West is a 45MW wind farm located 7 miles south-west of
Lanark, Scotland and comprises 13 Vestas V136 3.6MW turbines. The
addition of Douglas West increases UKW's net generating capacity to
1,289MW and is the first subsidy free asset in the portfolio.
The acquisition was first announced in December 2018 and the
project has been funded through reinvestment of UKW's excess cash
flow.
For further information, please contact:
Greencoat UK Wind PLC 020 7832 9425
Stephen Lilley
Laurence Fumagalli
Tom Rayner
Headland Consultancy 020 3805 4822
Stephen Malthouse
Rob Walker
Charlie Twigg
ukwind@headlandconsultancy.com
Notes to Editors:
Greencoat UK Wind PLC is the leading listed renewable
infrastructure fund, invested in 40 operating UK wind farms with
net generating capacity of 1,289MW (including Douglas West). The
Company's aim is to provide investors with an annual dividend that
increases in line with RPI inflation (7.18p for 2021) while
preserving the capital value of its investment portfolio in the
long term on a real basis through reinvestment of excess cash flow
and the prudent use of gearing.
UKW provides investors with the opportunity to participate
directly in the ownership of UK wind farms, so increasing the
resources and capital dedicated to the deployment of renewable
energy and the reduction of greenhouse gas emissions.
UKW is managed by an experienced team at Greencoat Capital LLP,
a leading European renewable investment manager with over GBP6
billion of assets under management. UKW is governed by a strong and
experienced independent board.
UKW is incorporated in England and Wales and is a UK Investment
Trust.
For more information about UKW, please visit
http://www.greencoat-ukwind.com
For more information about Greencoat Capital LLP, please visit
http://www.greencoat-capital.com
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END
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